Retirement plan

PRAIRIE EYE CENTER, LTD. 401K PROFIT SHARING PLAN

Name: PRAIRIE EYE CENTER LTD - PRAIRIE EYE CENTER, LTD. 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: PRAIRIE EYE CENTER LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRAIRIE EYE CENTER, LTD. 401K PROFIT SHARING PLAN, PRAIRIE EYE CENTER LTD

PRAIRIE EYE CENTER LTDEIN 37-0919357Plan #002PY 2018

2020 WEST ILES AVENUE - SPRINGFIELD, IL 62704217-698-3030LinkedIn1-10 employeesindividual & family services

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.3M

-6.4% from 2017

Total participants

253

+10.5% from 2017

Average account balance

$25,199

-6.4% from 2017

Annual return

-2.80%

-24.73 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.85M

Not enough data

1 years with asset history on file

Average account balance

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

$328K

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.

142.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$294K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+20.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20974

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 27 · EIN 13-5674085	Advisory (Plan)	$46,154

Plan features & details

Pension benefit codes2E2F2G2J2R3D

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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$46K

$265 / participant

Investment mgmt$46K100.0%

% of EOY assets

0.872%

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: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,199

$47,977-47.5%

$154,108-83.6%

$56,289-55.2%

Participation rate

75.3%

66.2%+9.1pp

83.0%-7.7pp

69.9%+5.4pp

Annual return

-2.80%

3.54%-6.3pp

735.21%-738.0pp

-9.96%+7.2pp

Employer contribution / active EE

$1,169

$2,169-46.1%

$5,298-77.9%

$2,111-44.6%

Participant deferral / active EE

$1,956

$2,392-18.2%

$5,081-61.5%

$3,350-41.6%

Admin fee / account holder

$220

$438-49.8%

$13,411-98.4%

$521-57.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 27 · EIN 13-5674085

Advisory (Plan)

$46,154

PRAIRIE EYE CENTER, LTD. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRAIRIE EYE CENTER, LTD. 401K 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