Retirement plan

RESPIRATORY CONSULTANTS, P.A. 401(K) PROFIT SHARING PLAN

Name: RESPIRATORY CONSULTANTS, P.A. - RESPIRATORY CONSULTANTS, P.A. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: RESPIRATORY CONSULTANTS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESPIRATORY CONSULTANTS, P.A. 401(K) PROFIT SHARING PLAN, RESPIRATORY CONSULTANTS, P.A.

RESPIRATORY CONSULTANTS, P.A.EIN 41-1783574Plan #001PY 2018

3366 OAKDALE AVENUE NORTH STE. 605 - ROBBINSDALE, MN 55422763-398-2216

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.2M

+1.4% from 2017

Total participants

+9.7% from 2017

Average account balance

$309,626

-10.9% from 2017

Annual return

-5.17%

-18.83 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.77M

Not enough data

1 years with asset history on file

Average account balance

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

$287K

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.

151.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$829K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+9.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63859

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 codes2E2F2G2J3D

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.
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

$28K

$1105 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.270%

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

$309,626

$75,962+307.6%

$154,111+100.9%

$64,173+382.5%

Participation rate

96.0%

70.4%+25.6pp

83.0%+13.0pp

69.6%+26.4pp

Annual return

-5.17%

30.32%-35.5pp

735.18%-740.4pp

7.63%-12.8pp

Employer contribution / active EE

$16,399

$3,350+389.5%

$5,298+209.5%

$2,381+588.8%

Participant deferral / active EE

$10,733

$3,175+238.1%

$5,081+111.3%

$3,470+209.3%

Admin fee / account holder

$837

$5,589-85.0%

$13,411-93.8%

$4,887-82.9%

RESPIRATORY CONSULTANTS, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESPIRATORY CONSULTANTS, P.A. 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