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 (2017) 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 2017

4030 SMITH ROAD, SUITE 325 - CINCINNATI, OH 45209513-865-5204sevenhillsanesthesia.comLinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$8.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$99.3M

+23.4% from 2016

Total participants

258

+6.2% from 2016

Average account balance

$420,965

+18.2% from 2016

Annual return

16.82%

+2.51 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Top 5 by compensation

Provider	Service type	Compensation
ROSSELOT FINANCIAL GROUP2 years Service code 52 7450 JAGER COURT · CINCINNATI, OH 452304344	Indirect Investment Fees	$108,016
MICCOLI, AHR & ASSOCIATES LLC1 year Service code 52 8044 MONTGOMERY ROAD · CINCINNATI, OH 45236	Indirect Investment Fees	$40,681
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH (SCHHESSANDREWS GROUP Service code 52 5905 E. GALBRAITH ROAD · CINCINNATI, OH 45236	Indirect Investment Fees	$15,425
FTJ FUNDCHOICE, LLC2 years Filed as: FTJ FUNDCHOICE LLC Service code 52 2300 LITTON LANE · HEBRON, KY 41018	Indirect Investment Fees	$11,883
BIGSBY FINANCIAL PLANNING LLC2 years Service code 52 2966 PLEASANT COLONY DRIVE · LEWIS CENTER, OH 430357349	Indirect Investment Fees	$8,485

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

$174K

$752 / participant

Other / not subdivided$174K100.0%

% of EOY assets

0.175%

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

$420,965

$55,453+659.1%

$170,435+147.0%

$62,293+575.8%

Participation rate

90.5%

66.4%+24.1pp

83.6%+6.9pp

69.5%+21.0pp

Annual return

16.82%

21.38%-4.6pp

205.94%-189.1pp

28.90%-12.1pp

Employer contribution / active EE

$21,536

$2,164+895.3%

$5,432+296.4%

$2,042+954.5%

Participant deferral / active EE

$11,388

$2,303+394.6%

$4,939+130.6%

$3,169+259.4%

Admin fee / account holder

$736

$455+61.8%

$13,881-94.7%

$479+53.6%

Provider

Service type

Compensation

ROSSELOT FINANCIAL GROUP2 years

Service code 52

7450 JAGER COURT · CINCINNATI, OH 452304344

Indirect Investment Fees

$108,016

MICCOLI, AHR & ASSOCIATES LLC1 year

Service code 52

8044 MONTGOMERY ROAD · CINCINNATI, OH 45236

Indirect Investment Fees

$40,681

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH (SCHHESSANDREWS GROUP

Service code 52

5905 E. GALBRAITH ROAD · CINCINNATI, OH 45236

Indirect Investment Fees

$15,425

FTJ FUNDCHOICE, LLC2 years

Filed as: FTJ FUNDCHOICE LLC

Service code 52

2300 LITTON LANE · HEBRON, KY 41018

Indirect Investment Fees

$11,883

BIGSBY FINANCIAL PLANNING LLC2 years

Service code 52

2966 PLEASANT COLONY DRIVE · LEWIS CENTER, OH 430357349

Indirect Investment Fees

$8,485

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