Retirement plan

JOHN JARAD, MD, PC, FLEXIBLE 401(K) PROFIT SHARING PLAN

Name: PORT HURON INTERNAL MEDICINE ASSOCIATES - JOHN JARAD, MD, PC, FLEXIBLE 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: PORT HURON INTERNAL MEDICINE ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN JARAD, MD, PC, FLEXIBLE 401(K) PROFIT SHARING PLAN, PORT HURON INTERNAL MEDICINE ASSOCIATES

PORT HURON INTERNAL MEDICINE ASSOCIATESEIN 38-3469340Plan #001PY 2019

333 FORT STREET - PORT HURON, MI 48060810-987-2727bluewaterchamber.comLinkedIn11-50 employeesalternative dispute resolution

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+18.3% from 2018

Total participants

-7.1% from 2018

Average account balance

$121,541

+27.4% from 2018

Annual return

17.03%

+22.16 pp from 2018

Benchmarks

See 104,307 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,307 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.20M

Not enough data

1 years with asset history on file

Average account balance

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

$457K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6630

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 codes2J

Plan features

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.

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

$8513 / participant

Other / not subdivided$111K100.0%

% of EOY assets

7.004%

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

$121,541

$202,342-39.9%

$172,752-29.6%

$152,897-20.5%

Participation rate

100.0%

87.1%+12.9pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

17.03%

1029.83%-1012.8pp

802.97%-785.9pp

345.43%-328.4pp

Employer contribution / active EE

$2,304

$5,858-60.7%

$5,144-55.2%

$4,764-51.6%

Participant deferral / active EE

$6,062

$5,948+1.9%

$5,198+16.6%

$5,851+3.6%

Admin fee / account holder

$8,513

$17,111-50.2%

$13,955-39.0%

$11,599-26.6%

JOHN JARAD, MD, PC, FLEXIBLE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN JARAD, MD, PC, FLEXIBLE 401(K) 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