Retirement plan

GRAND RIVER MEDICAL GROUP RETIREMENT PLAN

Name: DUBUQUE INTERNAL MEDICINE, P.C. DBA GRAND RIVER MEDICAL GROUP - GRAND RIVER MEDICAL GROUP RETIREMENT PLAN (2016) Form 5500
Creator: DUBUQUE INTERNAL MEDICINE, P.C. DBA GRAND RIVER MEDICAL GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRAND RIVER MEDICAL GROUP RETIREMENT PLAN, DUBUQUE INTERNAL MEDICINE, P.C. DBA GRAND RIVER MEDICAL GROUP

DUBUQUE INTERNAL MEDICINE, P.C. DBA GRAND RIVER MEDICAL GROUPEIN 42-0848123Plan #001PY 2016

1515 DELHI STREET, SUITE 100 - DUBUQUE, IA 52001563-557-9111

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$45M

-1.3% from 2015

Total participants

416

+17.8% from 2015

Average account balance

$130,473

-3.6% from 2015

Annual return

6.98%

+6.90 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$91.26M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

472

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.

94.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$450

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Service code 16 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Consulting	$50,401
WEGNER CPAS, LLP1 year Service code 10 2110 LUANN LANE · MADISON, WI 53713	Accounting	$15,700
T ROWE PRICE RPS INC2+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$797

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$71K

$196 / participant

Other / not subdivided$71K100.0%

% of EOY assets

0.157%

all-in expense ratio

Categories reported

0 / 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: OLSEN THIELEN & CO., LTD.
Auditor EIN: 411360831
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,473

$36,916+253.4%

$156,551-16.7%

$57,658+126.3%

Participation rate

80.4%

63.4%+17.0pp

84.0%-3.6pp

70.2%+10.2pp

Annual return

6.98%

12.38%-5.4pp

32.23%-25.2pp

5.13%+1.8pp

Employer contribution / active EE

$2,321

$1,571+47.8%

$5,501-57.8%

$1,974+17.6%

Participant deferral / active EE

$4,061

$1,926+110.9%

$4,871-16.6%

$3,061+32.7%

Admin fee / account holder

$205

$82+149.1%

$13,028-98.4%

$95+117.3%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Service code 16

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Consulting

$50,401

WEGNER CPAS, LLP1 year

Service code 10

2110 LUANN LANE · MADISON, WI 53713

Accounting

$15,700

T ROWE PRICE RPS INC2+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$797

GRAND RIVER MEDICAL GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRAND RIVER MEDICAL GROUP RETIREMENT 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