Retirement plan

DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC 401(K) PROFIT SHARING PLAN

Name: DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC - DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC 401(K) PROFIT SHARING PLAN, DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC

DRS. PRICE & SHEPLER FAMILY EYE CARE, LLCEIN 35-1902275Plan #001PY 2017

P.O. BOX 24 - LOGANSPORT, IN 46947219-722-3937pricelesseyes.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesHigh assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$2.8M

+12.5% from 2016

Total participants

+42.9% from 2016

Average account balance

$308,251

-12.5% from 2016

Annual return

15.04%

+5.67 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.57%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$129K

$14289 / participant

Other / not subdivided$129K100.0%

% of EOY assets

4.635%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$308,251

$198,457+55.3%

$170,435+80.9%

$147,586+108.9%

Participation rate

88.9%

88.0%+0.9pp

83.6%+5.3pp

82.8%+6.1pp

Annual return

15.04%

257.30%-242.3pp

205.94%-190.9pp

578.59%-563.6pp

Employer contribution / active EE

$1,078

$6,183-82.6%

$5,432-80.2%

$4,876-77.9%

Participant deferral / active EE

$6,159

$5,629+9.4%

$4,939+24.7%

$5,439+13.2%

Admin fee / account holder

$14,289

$16,852-15.2%

$13,881+2.9%

$10,886+31.3%

DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DRS. PRICE & SHEPLER FAMILY EYE CARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion