Retirement plan

BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. PROFIT SHARING & 401(K) PLAN

Name: BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. - BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. PROFIT SHARING & 401(K) PLAN (2017) Form 5500
Creator: BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. PROFIT SHARING & 401(K) PLAN, BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C.

BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C.EIN 36-3990968Plan #001PY 2017

24 JOLIET STREET, MEDICAL PAVILON, SUITE #201 - DYER, IN 46311219-322-2723ksbeyedr.comLinkedIn11-50 employeesmedical practice

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$2.6M

+16.2% from 2016

Total participants

0.0% from 2016

Average account balance

$219,873

+25.9% from 2016

Annual return

12.93%

+10.65 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2584

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 codes2H2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$233

$16 / participant

Other / not subdivided$233100.0%

% of EOY assets

0.009%

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

$219,873

$198,461+10.8%

$170,436+29.0%

$147,585+49.0%

Participation rate

80.0%

88.0%-8.0pp

83.6%-3.6pp

82.8%-2.8pp

Annual return

12.93%

257.30%-244.4pp

205.94%-193.0pp

578.57%-565.6pp

Employer contribution / active EE

$3,200

$6,184-48.2%

$5,433-41.1%

$4,876-34.4%

Participant deferral / active EE

$1,775

$5,629-68.5%

$4,939-64.1%

$5,439-67.4%

Admin fee / account holder

$19

$16,852-99.9%

$13,880-99.9%

$10,885-99.8%

BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIGGS OPHTHALMOLOGY & ASSOCIATES, S.C. PROFIT SHARING & 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