Retirement plan

CARDIOVASCULAR MGMT. OF ILLINOIS, LLC 401(K) AND PROFIT SHARING PLAN

Name: CARDIOVASCULAR MGMT. OF ILLINOIS, LLC - CARDIOVASCULAR MGMT. OF ILLINOIS, LLC 401(K) AND PROFIT SHARING PLAN (2015) Form 5500
Creator: CARDIOVASCULAR MGMT. OF ILLINOIS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARDIOVASCULAR MGMT. OF ILLINOIS, LLC 401(K) AND PROFIT SHARING PLAN, CARDIOVASCULAR MGMT. OF ILLINOIS, LLC

CARDIOVASCULAR MGMT. OF ILLINOIS, LLCEIN 36-4227335Plan #001PY 2015

900 S. FRONTAGE ROAD, SUITE 325 - WOODRIDGE, IL 60517630-972-6200

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$34.9M

No prior year

Total participants

157

No prior year

Average account balance

$222,326

No prior year

Annual return

2.43%

No prior year

Benchmarks

See 15,767 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,767 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.06M

Not enough data

1 years with asset history on file

Average account balance

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

$314K

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.

754.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$296K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+16.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67129

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

Top 3 by compensation

Provider	Service type	Compensation
J W COLE FINANCIAL INC1+ years Filed as: COLE MARTIN & CO LTD Service code 10 1532 BARCLAY BLVD · BUFFALO GROVE, IL 60089	Accounting	$9,600
E.R.I.S.A., INC.1+ years Service code 13 · EIN 36-3180571 5215 OLD ORCHARD RD, SUITE 1030 · SKOKIE, IL 60077	Contract Administrator	$1,740
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH AND MGMT CO INC. Service code 64 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,106

Plan features & details

Pension benefit codes2A2E2F2G2J2K

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$126 / participant

Contract admin$1K24.3%
Other / not subdivided$3K75.7%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COLE, MARTIN & CO., LTD.
Auditor EIN: 363781251
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$222,326

$75,832+193.2%

$147,618+50.6%

$59,633+272.8%

Participation rate

100.0%

71.6%+28.4pp

84.6%+15.4pp

68.7%+31.3pp

Annual return

2.43%

0.37%+2.1pp

61.98%-59.6pp

2041.40%-2039.0pp

Employer contribution / active EE

$7,344

$3,485+110.7%

$5,565+32.0%

$2,203+233.4%

Participant deferral / active EE

$5,456

$3,131+74.3%

$4,895+11.4%

$3,192+70.9%

Admin fee / account holder

$29

$5,986-99.5%

$11,612-99.8%

$4,297-99.3%

Provider

Service type

Compensation

J W COLE FINANCIAL INC1+ years

Filed as: COLE MARTIN & CO LTD

Service code 10

1532 BARCLAY BLVD · BUFFALO GROVE, IL 60089

Accounting

$9,600

E.R.I.S.A., INC.1+ years

Service code 13 · EIN 36-3180571

5215 OLD ORCHARD RD, SUITE 1030 · SKOKIE, IL 60077

Contract Administrator

$1,740

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH AND MGMT CO INC.

Service code 64

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,106

CARDIOVASCULAR MGMT. OF ILLINOIS, LLC 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARDIOVASCULAR MGMT. OF ILLINOIS, LLC 401(K) AND 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