Retirement plan

BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K PLAN

Name: BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC - BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K PLAN (2015) Form 5500
Creator: BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K PLAN, BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC

BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLCEIN 52-2170293Plan #001PY 2015

500 OFFICE PARK DRIVE, SUITE 400 - BIRMINGHAM, AL 352232457205-803-4330LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$27.7M

No prior year

Total participants

182

No prior year

Average account balance

$199,389

No prior year

Annual return

2.24%

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

$43.14M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

384

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$213

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 1 by compensation

Provider	Service type	Compensation
CAP FINANCIAL PARTNERS, LLC1+ years Service code 52 · EIN 26-0058143 4208 SIX FORKS ROAD, STE 1700 · RALEIGH, NC 27609	Indirect Investment Fees	$29,449

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

$112K

$719 / participant

Investment mgmt$112K100.0%

% of EOY assets

0.405%

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: PEARCE BEVILL LEESBURG MOORE PC
Auditor EIN: 630813240
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$199,389

$46,360+330.1%

$147,617+35.1%

$52,331+281.0%

Participation rate

72.4%

64.9%+7.5pp

84.6%-12.2pp

68.1%+4.3pp

Annual return

2.24%

1.62%+0.6pp

61.98%-59.7pp

4.54%-2.3pp

Employer contribution / active EE

$5,482

$2,126+157.8%

$5,564-1.5%

$1,882+191.3%

Participant deferral / active EE

$3,794

$2,258+68.0%

$4,895-22.5%

$3,022+25.5%

Admin fee / account holder

$807

$766+5.3%

$11,612-93.1%

$592+36.3%

Provider

Service type

Compensation

CAP FINANCIAL PARTNERS, LLC1+ years

Service code 52 · EIN 26-0058143

4208 SIX FORKS ROAD, STE 1700 · RALEIGH, NC 27609

Indirect Investment Fees

$29,449

BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K 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