Retirement plan

VIRGINIA CANCER INSTITUTE, INC. RETIREMENT PLAN

Name: VIRGINIA CANCER INSTITUTE INC. - VIRGINIA CANCER INSTITUTE, INC. RETIREMENT PLAN (2017) Form 5500
Creator: VIRGINIA CANCER INSTITUTE INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VIRGINIA CANCER INSTITUTE, INC. RETIREMENT PLAN, VIRGINIA CANCER INSTITUTE INC.

VIRGINIA CANCER INSTITUTE INC.EIN 54-1066435Plan #001PY 2017

7202 GLEN FOREST DRIVE, SUITE 200 - HENRICO, VA 23226804-287-3000vacancer.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$43.8M

+15.8% from 2016

Total participants

240

+6.2% from 2016

Average account balance

$182,520

-0.1% from 2016

Annual return

16.24%

+9.02 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

$74.45M

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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.

338

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.

88.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Filed as: FIDELITY INVESTMENTS FIIOC Service code 37 · EIN 04-2647786	Loan Processing	$3,778
INTERNAL REVENUS SERVICE1 year Service code 72 · EIN 61-1785662	Other investment fees and expenses	$1,969
C3+ years Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2J2K2R3D2T

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$17 / participant

Contract admin$4K100.0%

% of EOY assets

0.009%

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: DIXON HUGHES GOODMAN, LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$182,520

$55,453+229.1%

$170,435+7.1%

$62,293+193.0%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

16.24%

21.38%-5.1pp

205.94%-189.7pp

28.90%-12.7pp

Employer contribution / active EE

$6,989

$2,164+223.0%

$5,432+28.6%

$2,042+242.2%

Participant deferral / active EE

$4,415

$2,303+91.7%

$4,939-10.6%

$3,169+39.3%

Admin fee / account holder

$16

$455-96.5%

$13,881-99.9%

$479-96.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Filed as: FIDELITY INVESTMENTS FIIOC

Service code 37 · EIN 04-2647786

Loan Processing

$3,778

INTERNAL REVENUS SERVICE1 year

Service code 72 · EIN 61-1785662

Other investment fees and expenses

$1,969

C3+ years

Service code 60

Sub-TA Fees

VIRGINIA CANCER INSTITUTE, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIRGINIA CANCER INSTITUTE, INC. RETIREMENT 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