Retirement plan

WOMEN'S HEALTH CARE, P.C. PROFIT SHARING AND 401(K) PLAN

Name: WOMENS HEALTH CARE, P.C. - WOMEN'S HEALTH CARE, P.C. PROFIT SHARING AND 401(K) PLAN (2018) Form 5500
Creator: WOMENS HEALTH CARE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOMEN'S HEALTH CARE, P.C. PROFIT SHARING AND 401(K) PLAN, WOMENS HEALTH CARE, P.C.

WOMENS HEALTH CARE, P.C.EIN 35-1966296Plan #001PY 2018

4199 GATEWAY BLVD STE 2450 - NEWBURGH, IN 476308971812-842-4949whcpc.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$14.7M

-7.6% from 2017

Total participants

141

+2.2% from 2017

Average account balance

$104,402

-9.5% from 2017

Annual return

-8.16%

-23.30 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$21.71M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

Not enough data

1 years with per-participant data

Participants with account balance

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

142

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$436

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

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
UNIFIED TRUST COMPANY, N.A.4+ years Service code 13 · EIN 61-1256314	Contract Administrator	$56,604
SIKICH LLP4+ years Filed as: SIKICH FINANCIAL Service code 27 11670 FOUNTAINS DRIVE, SUITE 200 · MAPLE GROVE, MN 55369	Advisory (Plan)	$24,811

Plan features & details

Pension benefit codes3D2A2J2G2S2E2F2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$81K

$678 / participant

Investment mgmt$25K30.5%
Contract admin$57K69.5%

% of EOY assets

0.553%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WEINZAPFEL & CO., LLC
Auditor EIN: 352152081
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,402

$47,977+117.6%

$154,107-32.3%

$56,287+85.5%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

-8.16%

3.54%-11.7pp

735.12%-743.3pp

-9.96%+1.8pp

Employer contribution / active EE

$6,587

$2,169+203.7%

$5,298+24.3%

$2,111+212.0%

Participant deferral / active EE

$4,893

$2,392+104.6%

$5,081-3.7%

$3,350+46.1%

Admin fee / account holder

$577

$438+31.8%

$13,411-95.7%

$521+10.8%

Provider

Service type

Compensation

UNIFIED TRUST COMPANY, N.A.4+ years

Service code 13 · EIN 61-1256314

Contract Administrator

$56,604

SIKICH LLP4+ years

Filed as: SIKICH FINANCIAL

Service code 27

11670 FOUNTAINS DRIVE, SUITE 200 · MAPLE GROVE, MN 55369

Advisory (Plan)

$24,811

WOMEN'S HEALTH CARE, P.C. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOMEN'S HEALTH CARE, P.C. PROFIT SHARING AND 401(K) 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