Retirement plan

EYE CLINIC OF WISCONSIN S.C. PROFIT SHARING PLAN

Name: EYE CLINIC OF WISCONSIN S.C. - EYE CLINIC OF WISCONSIN S.C. PROFIT SHARING PLAN (2017) Form 5500
Creator: EYE CLINIC OF WISCONSIN S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EYE CLINIC OF WISCONSIN S.C. PROFIT SHARING PLAN, EYE CLINIC OF WISCONSIN S.C.

EYE CLINIC OF WISCONSIN S.C.EIN 39-1093716Plan #001PY 2017

614 - 1ST ST., P.O. BOX 689 - WAUSAU, WI 544020689715-845-8201LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$27M

+16.2% from 2016

Total participants

205

+3.0% from 2016

Average account balance

$150,960

+6.5% from 2016

Annual return

14.69%

+7.95 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.89M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

255

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$428

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
ORGEL WEALTH MANAGEMENT3+ years Service code 26 · EIN 46-2793932	Advisory (Participants)	$50,319
TRAUTMANN MAHER & ASSOCIATES3+ years Filed as: TRAUTMANN, MAHER & ASSOCIATES, INC. Service code 15 · EIN 91-1526584	Recordkeeping	$25,898
MATRIX TRUST COMPANY3+ years Filed as: MATRIX TRUST Service code 19 · EIN 75-3182674	Securities Custodian	$13,973
INVEST FINANCIAL CORPORATION3+ years Filed as: INVEST FINANCIAL CORP Service code 28 318 S. WASHINGTON STREET · GREENBAY, WI 54301	Investment Management	$8,452

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H

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.
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.
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

$103K

$570 / participant

Investment mgmt$63K61.2%
Contract admin$26K25.2%
Other / not subdivided$14K13.6%

% of EOY assets

0.380%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$150,960

$55,453+172.2%

$170,435-11.4%

$62,293+142.3%

Participation rate

85.6%

66.4%+19.2pp

83.6%+2.0pp

69.5%+16.0pp

Annual return

14.69%

21.38%-6.7pp

205.94%-191.3pp

28.90%-14.2pp

Employer contribution / active EE

$3,544

$2,164+63.8%

$5,432-34.8%

$2,042+73.5%

Participant deferral / active EE

$3,308

$2,303+43.6%

$4,939-33.0%

$3,169+4.4%

Admin fee / account holder

$574

$455+26.0%

$13,881-95.9%

$479+19.7%

Provider

Service type

Compensation

ORGEL WEALTH MANAGEMENT3+ years

Service code 26 · EIN 46-2793932

Advisory (Participants)

$50,319

TRAUTMANN MAHER & ASSOCIATES3+ years

Filed as: TRAUTMANN, MAHER & ASSOCIATES, INC.

Service code 15 · EIN 91-1526584

Recordkeeping

$25,898

MATRIX TRUST COMPANY3+ years

Filed as: MATRIX TRUST

Service code 19 · EIN 75-3182674

Securities Custodian

$13,973

INVEST FINANCIAL CORPORATION3+ years

Filed as: INVEST FINANCIAL CORP

Service code 28

318 S. WASHINGTON STREET · GREENBAY, WI 54301

Investment Management

$8,452

EYE CLINIC OF WISCONSIN S.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EYE CLINIC OF WISCONSIN S.C. 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