Retirement plan

SEVEN HILLS ANESTHESIA, LLC 401(K) PROFIT SHARING PLAN

Name: SEVEN HILLS ANESTHESIA, LLC - SEVEN HILLS ANESTHESIA, LLC 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: SEVEN HILLS ANESTHESIA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEVEN HILLS ANESTHESIA, LLC 401(K) PROFIT SHARING PLAN, SEVEN HILLS ANESTHESIA, LLC

SEVEN HILLS ANESTHESIA, LLCEIN 46-3521076Plan #001PY 2015

9891 MONTGOMERY ROAD #340 - CINCINNATI, OH 45242513-865-5204sevenhillsanesthesia.comLinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$2.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$69.1M

No prior year

Total participants

149

No prior year

Average account balance

$473,134

No prior year

Annual return

138.15%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$204.25M

Not enough data

1 years with asset history on file

Average account balance

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

$526K

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.

388

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$45K

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

+16.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$707

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

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 codes2E2F2G2J2R2T3D

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.
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.

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

$119K

$919 / participant

Other / not subdivided$119K100.0%

% of EOY assets

0.172%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VEID & VEID CPA'S
Auditor EIN: 542131378
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$473,134

$46,360+920.6%

$147,617+220.5%

$52,331+804.1%

Participation rate

97.7%

64.9%+32.7pp

84.6%+13.1pp

68.1%+29.6pp

Annual return

138.15%

1.62%+136.5pp

61.98%+76.2pp

4.54%+133.6pp

Employer contribution / active EE

$23,865

$2,126+1022.4%

$5,564+328.9%

$1,882+1168.3%

Participant deferral / active EE

$11,023

$2,258+388.3%

$4,895+125.2%

$3,022+264.7%

Admin fee / account holder

$812

$766+6.0%

$11,612-93.0%

$592+37.2%

SEVEN HILLS ANESTHESIA, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEVEN HILLS ANESTHESIA, LLC 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