Retirement plan

CLINICAL RADIOLOGISTS PROFIT SHARING PLAN

Name: CLINICAL RADIOLOGISTS, S.C. - CLINICAL RADIOLOGISTS PROFIT SHARING PLAN (2023) 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 2023

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)

$61.3M

+17.4% from 2022

Total participants

120

-6.3% from 2022

Average account balance

$511,190

+25.3% from 2022

Annual return

21.33%

+37.19 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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 4 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: ONEDIGITAL INVESTMENT ADV LLC Service code 16 · EIN 82-1434504	Consulting	$37,002
RESOURCES INVESTMENT ADVISORS LLC1 year Service code 16 · EIN 43-1451524	Consulting	$36,462
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930	Recordkeeping	$15,025
ECK SCHAFER & PUNKE LLP4 years Service code 10 · EIN 37-1335003	Accounting	$13,200

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

$102K

$1589 / participant

Other / not subdivided$102K100.0%

% of EOY assets

0.166%

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

$511,190

$77,920+556.0%

$149,723+241.4%

$75,177+580.0%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

21.33%

31.72%-10.4pp

134.50%-113.2pp

160.75%-139.4pp

Employer contribution / active EE

$38,228

$3,138+1118.1%

$4,821+692.9%

$2,671+1331.2%

Participant deferral / active EE

$2,515

$3,411-26.3%

$5,682-55.7%

$4,126-39.0%

Admin fee / account holder

$847

$5,951-85.8%

$13,215-93.6%

$5,651-85.0%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: ONEDIGITAL INVESTMENT ADV LLC

Service code 16 · EIN 82-1434504

Consulting

$37,002

RESOURCES INVESTMENT ADVISORS LLC1 year

Service code 16 · EIN 43-1451524

Consulting

$36,462

THE VANGUARD GROUP, INC.5 years

Service code 15 · EIN 23-1945930

Recordkeeping

$15,025

ECK SCHAFER & PUNKE LLP4 years

Service code 10 · EIN 37-1335003

Accounting

$13,200

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