Retirement plan

FAIRFAX RADIOLOGICAL CONSULTANTS P.C. EMPLOYEES' PROFIT SHARING PLAN

Name: FAIRFAX RADIOLOGICAL CONSULTANTS, P.C. - FAIRFAX RADIOLOGICAL CONSULTANTS P.C. EMPLOYEES' PROFIT SHARING PLAN (2018) Form 5500
Creator: FAIRFAX RADIOLOGICAL CONSULTANTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAIRFAX RADIOLOGICAL CONSULTANTS P.C. EMPLOYEES' PROFIT SHARING PLAN, FAIRFAX RADIOLOGICAL CONSULTANTS, P.C.

FAIRFAX RADIOLOGICAL CONSULTANTS, P.C.EIN 54-0846558Plan #002PY 2018

2722 MERRILEE DRIVE, SUITE 230 - FAIRFAX, VA 22031703-698-4444LinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed December 29, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$120M

-4.8% from 2017

Total participants

616

+2.2% from 2017

Average account balance

$201,645

-5.7% from 2017

Annual return

-4.96%

-17.92 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$213.68M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

1,131

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+18.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$223,947
FYJ FINANCIAL3 years Service code 26 · EIN 20-4101884	Advisory (Participants)	$12,139
LMCG INVESTMENTS LLC4+ years Service code 26 · EIN 27-0282607	Advisory (Participants)	$9,912
STEIGERWALD GORDON & KOCH4+ years Filed as: STIEGERWALD GORDON & KOCH Service code 26 · EIN 54-1807695	Advisory (Participants)	$9,427
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Direct payment from the plan; Float r...	$8,202
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC & AFFILIAT Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.

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

$256K

$493 / participant

Investment mgmt$35K13.7%
Other / not subdivided$221K86.3%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: THOMPSON GREENSPON
Auditor EIN: 541029635
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,645

$37,196+442.1%

$154,107+30.8%

$55,725+261.9%

Participation rate

96.0%

64.1%+31.9pp

83.0%+12.9pp

70.9%+25.1pp

Annual return

-4.96%

1319.68%-1324.6pp

735.12%-740.1pp

244.93%-249.9pp

Employer contribution / active EE

$7,842

$1,614+385.9%

$5,298+48.0%

$2,078+277.4%

Participant deferral / active EE

$7,743

$2,068+274.4%

$5,081+52.4%

$3,356+130.8%

Admin fee / account holder

$431

$102+323.8%

$13,411-96.8%

$115+273.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.4+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$223,947

FYJ FINANCIAL3 years

Service code 26 · EIN 20-4101884

Advisory (Participants)

$12,139

LMCG INVESTMENTS LLC4+ years

Service code 26 · EIN 27-0282607

Advisory (Participants)

$9,912

STEIGERWALD GORDON & KOCH4+ years

Filed as: STIEGERWALD GORDON & KOCH

Service code 26 · EIN 54-1807695

Advisory (Participants)

$9,427

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Direct payment from the plan; Float r...

$8,202

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC & AFFILIAT

Service code 59

Shareholder Servicing

FAIRFAX RADIOLOGICAL CONSULTANTS P.C. EMPLOYEES' PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAIRFAX RADIOLOGICAL CONSULTANTS P.C. EMPLOYEES' PROFIT SHARING PLAN

Top hat statement on fileNQDC

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