Retirement plan

SIGNATURE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: SIGNATURE MEDICAL GROUP, INC. - SIGNATURE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SIGNATURE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIGNATURE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN, SIGNATURE MEDICAL GROUP, INC.

SIGNATURE MEDICAL GROUP, INC.EIN 43-1696710Plan #001PY 2017

12639 OLD TESSON RD. STE 115 - ST. LOUIS, MO 631282786314-849-0311signaturemedicalgroup.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$134.4M

-10.6% from 2016

Total participants

1,121

-17.4% from 2016

Average account balance

$202,121

+69.0% from 2016

Annual return

14.54%

-6.19 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$115.49M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

567

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.

89.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$456

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 10 of 18 by compensation

Provider	Service type	Compensation
KRILOGY FINANCIAL LLC1 year Filed as: KRILOGY FINANCIAL Service code 27 600 EMERSON RD #110 · ST. LOUIS, MO 63141	Advisory (Plan)	$114,355
CPI QUALIFIED PLAN CONSULTANTS, INC3+ years Service code 12 · EIN 48-1205033	Sub-transfer agency fees; Claims proc...	$96,390
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Plan)	$82,742
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 27 1 PLAZA FOUR A · NEW JERSEY CITY, NJ 07311	Advisory (Plan)	$67,749
MONETA GROUP LLC1 year Filed as: MONETA GROUP Service code 27 100 S BRENTWOOD BLVD · CLAYTON, MO 63105	Advisory (Plan)	$40,341
CLARIS ADVISORS1 year Service code 27 1375 BROADWAY · NEW YORK, NY 10018	Advisory (Plan)	$39,225
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 27 1 BRYANT PARK · NEW YORK, NY 10036	Advisory (Plan)	$38,912
MOLONEY SECURITIES CO, INC.1 year Filed as: MOLONEY SECURITIES Service code 27 57 MAIN ST · EPPING, NH 03042	Advisory (Plan)	$28,707
OPPENHEIMER1 year Service code 27 85 BROAD ST · NEW YORK, NY 10004	Advisory (Plan)	$28,625
COMMERCE BANK1 year Filed as: THE COMMERCE TRUST COMPANY Service code 27	Advisory (Plan)	$20,880

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$747K

$856 / participant

Investment mgmt$626K83.8%
Contract admin$121K16.2%

% of EOY assets

0.556%

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: WESTERHEIDE & COMPANY CPA, P.C.
Auditor EIN: 431176609
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$202,121

$46,173+337.8%

$170,439+18.6%

$69,631+190.3%

Participation rate

47.8%

63.9%-16.1pp

83.6%-35.8pp

70.7%-22.9pp

Annual return

14.54%

21.62%-7.1pp

205.94%-191.4pp

27571.02%-27556.5pp

Employer contribution / active EE

$7,610

$1,610+372.7%

$5,433+40.1%

$2,032+274.5%

Participant deferral / active EE

$5,438

$2,080+161.4%

$4,939+10.1%

$3,224+68.7%

Admin fee / account holder

$1,124

$116+869.0%

$13,881-91.9%

$110+917.5%

Provider

Service type

Compensation

KRILOGY FINANCIAL LLC1 year

Filed as: KRILOGY FINANCIAL

Service code 27

600 EMERSON RD #110 · ST. LOUIS, MO 63141

Advisory (Plan)

$114,355

CPI QUALIFIED PLAN CONSULTANTS, INC3+ years

Service code 12 · EIN 48-1205033

Sub-transfer agency fees; Claims proc...

$96,390

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 27

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Plan)

$82,742

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 27

1 PLAZA FOUR A · NEW JERSEY CITY, NJ 07311

Advisory (Plan)

$67,749

MONETA GROUP LLC1 year

Filed as: MONETA GROUP

Service code 27

100 S BRENTWOOD BLVD · CLAYTON, MO 63105

Advisory (Plan)

$40,341

CLARIS ADVISORS1 year

Service code 27

1375 BROADWAY · NEW YORK, NY 10018

Advisory (Plan)

$39,225

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 27

1 BRYANT PARK · NEW YORK, NY 10036

Advisory (Plan)

$38,912

MOLONEY SECURITIES CO, INC.1 year

Filed as: MOLONEY SECURITIES

Service code 27

57 MAIN ST · EPPING, NH 03042

Advisory (Plan)

$28,707

OPPENHEIMER1 year

Service code 27

85 BROAD ST · NEW YORK, NY 10004

Advisory (Plan)

$28,625

COMMERCE BANK1 year

Filed as: THE COMMERCE TRUST COMPANY

Service code 27

Advisory (Plan)

$20,880

SIGNATURE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIGNATURE MEDICAL GROUP, INC. 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