Retirement plan

LAKE COUNTY PHYSICIANS ASSOCIATION AT SAINT THERES 401(K) PROFIT SHARING PLAN

Name: LAKE COUNTY PHYSICIANS ASSOCIATION - LAKE COUNTY PHYSICIANS ASSOCIATION AT SAINT THERES 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: LAKE COUNTY PHYSICIANS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKE COUNTY PHYSICIANS ASSOCIATION AT SAINT THERES 401(K) PROFIT SHARING PLAN, LAKE COUNTY PHYSICIANS ASSOCIATION

LAKE COUNTY PHYSICIANS ASSOCIATIONEIN 36-3789511Plan #001PY 2019

4189 GROVE AVE. - GURNEE, IL 60031708-887-4500lakecountyphysicians.comLinkedIn1-10 employeesinsurance

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$233K

+29.3% from 2018

Total participants

+50.0% from 2018

Average account balance

$25,932

-13.8% from 2018

Annual return

6.00%

+5.49 pp from 2018

Benchmarks

See 13,237 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort13,237 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$213K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+5.98%

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$25,932

$104,937-75.3%

$84,628-69.4%

$152,897-83.0%

Participation rate

100.0%

74.8%+25.2pp

68.2%+31.8pp

82.5%+17.5pp

Annual return

6.00%

373.88%-367.9pp

258.80%-252.8pp

345.43%-339.4pp

Employer contribution / active EE

$2,589

$3,303-21.6%

$2,653-2.4%

$4,764-45.7%

Participant deferral / active EE

$4,422

$4,690-5.7%

$3,900+13.4%

$5,851-24.4%

Admin fee / account holder

$6,243-100.0%

$4,914-100.0%

$11,599-100.0%

LAKE COUNTY PHYSICIANS ASSOCIATION AT SAINT THERES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LAKE COUNTY PHYSICIANS ASSOCIATION AT SAINT THERES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion