Retirement plan

GI PARTNERS OF ILLINOIS, LLC 401(K) PLAN

Name: GI PARTNERS OF ILLINOIS, LLC - GI PARTNERS OF ILLINOIS, LLC 401(K) PLAN (2018) Form 5500
Creator: GI PARTNERS OF ILLINOIS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GI PARTNERS OF ILLINOIS, LLC 401(K) PLAN, GI PARTNERS OF ILLINOIS, LLC

GI PARTNERS OF ILLINOIS, LLCEIN 47-4755178Plan #001PY 2018

1880 WINCHESTER ROAD, SUITE 104 - LIBERTYVILLE, IL 60048815-401-0868gipartnersofil.comLinkedIn201-500 employeesmedical practice

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$20.4M

-20.0% from 2017

Total participants

235

+12.4% from 2017

Average account balance

$86,640

-28.9% from 2017

Annual return

-24.42%

-24.42 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.19M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

277

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$227

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
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO. Service code 33 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111	Soft dollars commissions; Other servi...	$55,755
CETERA ADVISOR NETWORKS LLC2+ years Service code 53 · EIN 95-3845382 200 N SEPULVEDA BLVD · EL SEGUNDO, CA 90245	Insurance Commissions	$39,272
PENSION ASSURANCE LLP2+ years Filed as: THE PENSION SPECIALISTS, LTD. Service code 13 · EIN 36-3592542 10501 NORTH 2ND STREET · MACHESNEY PARK, IL 61115	Contract Administrator	$12,743
CAPSTONE FINANCIAL ADVISORS2+ years Service code 71 · EIN 36-4296290 3550 LENOX RD · ATLANTA, GA 30326	Brokerage Fees	$9,354
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB Service code 59 · EIN 94-1737782 120 KEARNY STREET · SAN FRANCISCO, CA 94108	Shareholder Servicing	$962

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$61K

$338 / participant

Investment mgmt$61K100.0%

% of EOY assets

0.301%

all-in expense ratio

Categories reported

1 / 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: WARADY & DAVIS LLP
Auditor EIN: 362170602
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,640

$47,977+80.6%

$154,108-43.8%

$56,289+53.9%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

-24.42%

3.54%-28.0pp

735.21%-759.6pp

-9.96%-14.5pp

Employer contribution / active EE

$8,370

$2,169+285.9%

$5,298+58.0%

$2,111+296.5%

Participant deferral / active EE

$5,951

$2,392+148.8%

$5,081+17.1%

$3,350+77.6%

Admin fee / account holder

$261

$438-40.5%

$13,411-98.1%

$521-50.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO.

Service code 33 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 01111

Soft dollars commissions; Other servi...

$55,755

CETERA ADVISOR NETWORKS LLC2+ years

Service code 53 · EIN 95-3845382

200 N SEPULVEDA BLVD · EL SEGUNDO, CA 90245

Insurance Commissions

$39,272

PENSION ASSURANCE LLP2+ years

Filed as: THE PENSION SPECIALISTS, LTD.

Service code 13 · EIN 36-3592542

10501 NORTH 2ND STREET · MACHESNEY PARK, IL 61115

Contract Administrator

$12,743

CAPSTONE FINANCIAL ADVISORS2+ years

Service code 71 · EIN 36-4296290

3550 LENOX RD · ATLANTA, GA 30326

Brokerage Fees

$9,354

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB

Service code 59 · EIN 94-1737782

120 KEARNY STREET · SAN FRANCISCO, CA 94108

Shareholder Servicing

$962

GI PARTNERS OF ILLINOIS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GI PARTNERS OF ILLINOIS, LLC 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