Retirement plan

ZIERING MEDICAL A PROFESSIONAL 401(K) PROFIT SHARING PLAN & TRUST

Name: ZIERING MEDICAL A PROFESSIONAL - ZIERING MEDICAL A PROFESSIONAL 401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: ZIERING MEDICAL A PROFESSIONAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZIERING MEDICAL A PROFESSIONAL 401(K) PROFIT SHARING PLAN & TRUST, ZIERING MEDICAL A PROFESSIONAL

ZIERING MEDICAL A PROFESSIONALEIN 37-1447376Plan #001PY 2016

2071 SAN JOAQUIN HILLS ROAD - NEWPORT BEACH, CA 92660310-614-7282LinkedIn11-50 employeesmedical practice

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$647K

-0.3% from 2015

Total participants

-2.5% from 2015

Average account balance

$18,484

-6.0% from 2015

Annual return

0.77%

+0.61 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.12M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$412

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 codes2E2F2G2J2T3D3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$1088 / participant

Other / not subdivided$42K100.0%

% of EOY assets

6.561%

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

$18,484

$77,638-76.2%

$156,551-88.2%

$62,881-70.6%

Participation rate

89.7%

71.2%+18.5pp

84.0%+5.7pp

69.3%+20.4pp

Annual return

0.77%

50.33%-49.6pp

32.23%-31.5pp

20.14%-19.4pp

Employer contribution / active EE

$53

$3,444-98.5%

$5,501-99.0%

$2,281-97.7%

Participant deferral / active EE

$833

$3,046-72.6%

$4,871-82.9%

$3,203-74.0%

Admin fee / account holder

$1,213

$5,561-78.2%

$13,028-90.7%

$4,296-71.8%

ZIERING MEDICAL A PROFESSIONAL 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZIERING MEDICAL A PROFESSIONAL 401(K) PROFIT SHARING PLAN & TRUST

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