Retirement plan

N.A.N.I. PHYSICIANS SERVICES PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Name: NEPHROLOGY ASSOCIATES OF NORTHERN ILLINOIS, LTD. - N.A.N.I. PHYSICIANS SERVICES PROFIT SHARING AND RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: NEPHROLOGY ASSOCIATES OF NORTHERN ILLINOIS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, N.A.N.I. PHYSICIANS SERVICES PROFIT SHARING AND RETIREMENT SAVINGS PLAN, NEPHROLOGY ASSOCIATES OF NORTHERN ILLINOIS, LTD.

NEPHROLOGY ASSOCIATES OF NORTHERN ILLINOIS, LTD.EIN 36-2907660Plan #002PY 2015

120 W. 22ND STREET - OAK BROOK, IL 60523630-573-5000LinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$50M

No prior year

Total participants

298

No prior year

Average account balance

$185,207

No prior year

Annual return

-0.61%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$188.57M

Not enough data

1 years with asset history on file

Average account balance

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

$285K

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.

661

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+14.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$301

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
JLTD ADVISERS, LLC1+ years Service code 27 937 W RANDOLPH ST STE 2E · CHICAGO, KS 60607	Advisory (Plan)	$92,680
CPI QUALIFIED PLAN CONSULTANTS, INC1+ years Filed as: CPI QUALIFIED PLAN CONSULTANT, INC Service code 13 1809 24TH STREET · GREAT BEND, KS 675301167	Contract Administrator	$12,443
JEANNINE FUCCI1+ years Filed as: JEANNINE BELLEMER Service code 10 401 E LAS OLAS BLVD STE 1100 · FT LAUDERDALE, FL 333014230	Accounting	$8,000
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,513

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$99K

$440 / participant

Contract admin$99K100.0%

% of EOY assets

0.198%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$185,207

$46,360+299.5%

$147,617+25.5%

$52,331+253.9%

Participation rate

87.6%

64.9%+22.6pp

84.6%+2.9pp

68.1%+19.5pp

Annual return

-0.61%

1.62%-2.2pp

61.98%-62.6pp

4.54%-5.2pp

Employer contribution / active EE

$12,248

$2,126+476.1%

$5,564+120.1%

$1,882+550.9%

Participant deferral / active EE

$6,743

$2,258+198.7%

$4,895+37.7%

$3,022+123.1%

Admin fee / account holder

$367

$766-52.1%

$11,612-96.8%

$592-38.0%

Provider

Service type

Compensation

JLTD ADVISERS, LLC1+ years

Service code 27

937 W RANDOLPH ST STE 2E · CHICAGO, KS 60607

Advisory (Plan)

$92,680

CPI QUALIFIED PLAN CONSULTANTS, INC1+ years

Filed as: CPI QUALIFIED PLAN CONSULTANT, INC

Service code 13

1809 24TH STREET · GREAT BEND, KS 675301167

Contract Administrator

$12,443

JEANNINE FUCCI1+ years

Filed as: JEANNINE BELLEMER

Service code 10

401 E LAS OLAS BLVD STE 1100 · FT LAUDERDALE, FL 333014230

Accounting

$8,000

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,513

N.A.N.I. PHYSICIANS SERVICES PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

N.A.N.I. PHYSICIANS SERVICES PROFIT SHARING AND RETIREMENT SAVINGS 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