Retirement plan

ECS, P.C. PROFIT SHARING AND SAVINGS PLAN AND TRUST

Name: EMERGENCY CARE SPECIALISTS, P.C. - ECS, P.C. PROFIT SHARING AND SAVINGS PLAN AND TRUST (2016) Form 5500
Creator: EMERGENCY CARE SPECIALISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECS, P.C. PROFIT SHARING AND SAVINGS PLAN AND TRUST, EMERGENCY CARE SPECIALISTS, P.C.

EMERGENCY CARE SPECIALISTS, P.C.EIN 38-2522953Plan #010PY 2016

4100 EMBASSY SE, SUITE 400 - GRAND RAPIDS, MI 495462416616-975-1845ecs-wmi.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$60.1M

+8.5% from 2015

Total participants

273

+1.5% from 2015

Average account balance

$238,336

+10.3% from 2015

Annual return

7.04%

+9.31 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$194.95M

Not enough data

1 years with asset history on file

Average account balance

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

$417K

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.

468

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.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+16.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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
CALDER INVESTMENT ADVISORS2+ years Service code 26 · EIN 20-8946974	Advisory (Participants)	$97,586
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INVESTMENTS Service code 19 · EIN 04-3523567	Securities Custodian	$10,974
PATHWAY BENEFIT SERVICES2+ years Service code 15 · EIN 38-2696931	Recordkeeping	$1,200

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$111K

$428 / participant

Investment mgmt$98K87.9%
Other / not subdivided$13K12.1%

% of EOY assets

0.185%

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: VREDEVELD HAEFNER
Auditor EIN: 412208930
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$238,336

$36,916+545.6%

$156,551+52.2%

$57,658+313.4%

Participation rate

91.9%

63.4%+28.5pp

84.0%+7.9pp

70.2%+21.7pp

Annual return

7.04%

12.38%-5.3pp

32.23%-25.2pp

5.13%+1.9pp

Employer contribution / active EE

$16,085

$1,571+924.1%

$5,501+192.4%

$1,974+714.9%

Participant deferral / active EE

$9,126

$1,926+373.9%

$4,871+87.4%

$3,061+198.2%

Admin fee / account holder

$440

$82+433.8%

$13,028-96.6%

$95+365.8%

Provider

Service type

Compensation

CALDER INVESTMENT ADVISORS2+ years

Service code 26 · EIN 20-8946974

Advisory (Participants)

$97,586

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INVESTMENTS

Service code 19 · EIN 04-3523567

Securities Custodian

$10,974

PATHWAY BENEFIT SERVICES2+ years

Service code 15 · EIN 38-2696931

Recordkeeping

$1,200

ECS, P.C. PROFIT SHARING AND SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECS, P.C. PROFIT SHARING AND SAVINGS PLAN AND 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