Retirement plan

LETTRICK FAMILY MEDICINE, PLLC SAFE HARBOR 401(K) PLAN

Name: LETTRICK FAMILY MEDICINE, PLLC - LETTRICK FAMILY MEDICINE, PLLC SAFE HARBOR 401(K) PLAN (2018) Form 5500
Creator: LETTRICK FAMILY MEDICINE, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LETTRICK FAMILY MEDICINE, PLLC SAFE HARBOR 401(K) PLAN, LETTRICK FAMILY MEDICINE, PLLC

LETTRICK FAMILY MEDICINE, PLLCEIN 45-4222056Plan #001PY 2018

2500 POND VIEW SUITE 103 - CASTLETON, NY 12033518-477-1191LinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$792K

-0.2% from 2017

Total participants

-10.0% from 2017

Average account balance

$87,958

-0.2% from 2017

Annual return

-8.31%

-22.57 pp from 2017

Benchmarks

See 105,563 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,563 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.55M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

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

+10.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$424

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$4K

$402 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.457%

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

$87,958

$180,466-51.3%

$154,114-42.9%

$135,382-35.0%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

-8.31%

888.15%-896.5pp

735.16%-743.5pp

519.77%-528.1pp

Employer contribution / active EE

$2,344

$6,035-61.2%

$5,298-55.8%

$4,779-51.0%

Participant deferral / active EE

$4,778

$5,806-17.7%

$5,081-6.0%

$5,609-14.8%

Admin fee / account holder

$402

$16,144-97.5%

$13,411-97.0%

$10,829-96.3%

LETTRICK FAMILY MEDICINE, PLLC SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LETTRICK FAMILY MEDICINE, PLLC SAFE HARBOR 401(K) 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