Retirement plan

CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. PROFIT SHARING 401(K) PLAN

Name: CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. - CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. PROFIT SHARING 401(K) PLAN, CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C.

CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C.EIN 38-3008848Plan #001PY 2017

4433 BRYON CENTER AVE SW - GRAND RAPIDS, MI 49519616-363-7867cems-pc.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13.4M

+18.3% from 2016

Total participants

+11.1% from 2016

Average account balance

$445,379

+6.5% from 2016

Annual return

12.83%

+4.54 pp from 2016

Benchmarks

See 17,855 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,855 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.60M

Not enough data

1 years with asset history on file

Average account balance

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

$745K

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.

116.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

+17.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15461

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$392K

$13513 / participant

Other / not subdivided$392K100.0%

% of EOY assets

2.933%

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

$445,379

$84,233+428.7%

$170,436+161.3%

$70,131+535.1%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

12.83%

23.06%-10.2pp

205.94%-193.1pp

73.14%-60.3pp

Employer contribution / active EE

$22,029

$3,387+550.4%

$5,433+305.5%

$2,342+840.4%

Participant deferral / active EE

$12,876

$3,086+317.3%

$4,939+160.7%

$3,332+286.4%

Admin fee / account holder

$13,062

$5,698+129.2%

$13,880-5.9%

$4,645+181.2%

CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CERTIFIED EMERGENCY MEDICINE SPECIALISTS, P.C. PROFIT SHARING 401(K) 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