Retirement plan

CLINICAL RADIOLOGISTS PROFIT SHARING PLAN

Name: CLINICAL RADIOLOGISTS, S.C. - CLINICAL RADIOLOGISTS PROFIT SHARING PLAN (2021) Form 5500
Creator: CLINICAL RADIOLOGISTS, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLINICAL RADIOLOGISTS PROFIT SHARING PLAN, CLINICAL RADIOLOGISTS, S.C.

CLINICAL RADIOLOGISTS, S.C.EIN 37-0919221Plan #003PY 2021

3 GINGER CREEK VILLAGE DRIVE - GLEN CARBON, IL 62034217-726-8096crscweb.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$70.1M

-4.7% from 2020

Total participants

142

-8.4% from 2020

Average account balance

$493,769

+3.4% from 2020

Annual return

12.40%

-1.40 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$62.96M

Not enough data

1 years with asset history on file

Average account balance

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

$547K

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.

115

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

$2.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$47K

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

+10.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$881

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 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2 years Filed as: HM CAPITAL MANAGEMENT Service code 16 · EIN 20-3287389	Consulting	$69,246
THE VANGUARD GROUP, INC.3 years Service code 15 · EIN 23-1945930	Recordkeeping	$20,328
ECK SCHAFER & PUNKE LLP2 years Service code 10 · EIN 37-1335003	Accounting	$11,750

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$101K

$1468 / participant

Other / not subdivided$101K100.0%

% of EOY assets

0.145%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ECK, SCHAFER & PUNKE, LLP
Auditor EIN: 371335003
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$493,769

$95,406+417.5%

$185,849+165.7%

$85,847+475.2%

Participation rate

100.0%

68.8%+31.2pp

81.7%+18.3pp

69.3%+30.7pp

Annual return

12.40%

23.59%-11.2pp

122.10%-109.7pp

318.61%-306.2pp

Employer contribution / active EE

$48,139

$3,314+1352.8%

$5,169+831.4%

$2,565+1776.5%

Participant deferral / active EE

$3,707

$3,424+8.3%

$5,569-33.4%

$3,952-6.2%

Admin fee / account holder

$714

$7,214-90.1%

$16,244-95.6%

$6,261-88.6%

Provider

Service type

Compensation

AMERICAN FUNDS2 years

Filed as: HM CAPITAL MANAGEMENT

Service code 16 · EIN 20-3287389

Consulting

$69,246

THE VANGUARD GROUP, INC.3 years

Service code 15 · EIN 23-1945930

Recordkeeping

$20,328

ECK SCHAFER & PUNKE LLP2 years

Service code 10 · EIN 37-1335003

Accounting

$11,750

CLINICAL RADIOLOGISTS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLINICAL RADIOLOGISTS 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