Retirement plan

EASTSIDE ENDOSCOPY CENTER 401(K) PLAN

Name: EASTSIDE ASSOCIATES, LLC DBA EASTSIDE ENDOSCOPY CENTER - EASTSIDE ENDOSCOPY CENTER 401(K) PLAN (2019) Form 5500
Creator: EASTSIDE ASSOCIATES, LLC DBA EASTSIDE ENDOSCOPY CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASTSIDE ENDOSCOPY CENTER 401(K) PLAN, EASTSIDE ASSOCIATES, LLC DBA EASTSIDE ENDOSCOPY CENTER

EASTSIDE ASSOCIATES, LLC DBA EASTSIDE ENDOSCOPY CENTEREIN 38-3240923Plan #001PY 2019

28963 LITTLE MACK, SUITE 103 - ST. CLAIR SHORES, MI 480813017586-447-5115

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+25.6% from 2018

Total participants

+12.8% from 2018

Average account balance

$39,386

+22.2% from 2018

Annual return

17.71%

+21.42 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.79M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

115.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$181K

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2002

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 codes2E2F2G2J2T3D

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.

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

$76K

$1866 / participant

Other / not subdivided$76K100.0%

% of EOY assets

5.249%

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

$39,386

$85,169-53.8%

$172,755-77.2%

$72,983-46.0%

Participation rate

82.9%

70.1%+12.9pp

82.6%+0.3pp

69.5%+13.4pp

Annual return

17.71%

27.32%-9.6pp

802.94%-785.2pp

81.01%-63.3pp

Employer contribution / active EE

$809

$3,324-75.7%

$5,144-84.3%

$2,440-66.8%

Participant deferral / active EE

$3,044

$3,260-6.6%

$5,198-41.4%

$3,608-15.6%

Admin fee / account holder

$2,067

$5,880-64.8%

$13,955-85.2%

$5,124-59.7%

EASTSIDE ENDOSCOPY CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EASTSIDE ENDOSCOPY CENTER 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