Retirement plan

EMPORIA MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Name: EMPORIA MEDICAL ASSOCIATES, P.C. - EMPORIA MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: EMPORIA MEDICAL ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPORIA MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN, EMPORIA MEDICAL ASSOCIATES, P.C.

EMPORIA MEDICAL ASSOCIATES, P.C.EIN 54-1019435Plan #001PY 2017

6 DOCTORS DRIVE - EMPORIA, VA 23847434-634-6101LinkedIn11-50 employees

Other plans on this EIN

1 filing

#002Retirement-$2.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.1M

-33.9% from 2016

Total participants

-28.6% from 2016

Average account balance

$221,076

-8.1% from 2016

Annual return

9.16%

+2.79 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.23M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

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.

109.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$236K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13093

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

0 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 codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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

$3.5M

$175506 / participant

Other / not subdivided$4M100.0%

% of EOY assets

69.032%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$221,076

$198,461+11.4%

$170,436+29.7%

$147,585+49.8%

Participation rate

90.0%

88.0%+2.0pp

83.6%+6.4pp

82.8%+7.2pp

Annual return

9.16%

257.30%-248.1pp

205.94%-196.8pp

578.57%-569.4pp

Employer contribution / active EE

$2,225

$6,184-64.0%

$5,433-59.0%

$4,876-54.4%

Participant deferral / active EE

$4,198

$5,629-25.4%

$4,939-15.0%

$5,439-22.8%

Admin fee / account holder

$152,614

$16,852+805.6%

$13,880+999.5%

$10,885+1302.0%

EMPORIA MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPORIA MEDICAL ASSOCIATES, P.C. 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