Retirement plan

UVA PHYSICIANS GROUP RETIREMENT PLAN

Name: UNIVERSITY OF VIRGINIA PHYSICIANS GROUP - UVA PHYSICIANS GROUP RETIREMENT PLAN (2023) Form 5500
Creator: UNIVERSITY OF VIRGINIA PHYSICIANS GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UVA PHYSICIANS GROUP RETIREMENT PLAN, UNIVERSITY OF VIRGINIA PHYSICIANS GROUP

UNIVERSITY OF VIRGINIA PHYSICIANS GROUPEIN 54-1124769Plan #011PY 2023

100 AVON STREET - CHARLOTTESVILLE, VA 22902434-980-6180LinkedIn1001-5000 employeesmedical devices

Other plans on this EIN

2 filings

#009Retirement-$214.6M assets #010Retirement-$114.0M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 16, 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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Total assets (EOY)

$122.6M

+1.1% from 2018

Total participants

2,323

-13.5% from 2018

Average account balance

$53,427

+17.2% from 2018

Annual return

18.54%

+4.33 pp from 2018

Benchmarks

See 1,405 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,405 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$139.36M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

2,413

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.71M

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

+12.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$72

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 1 by compensation

Provider	Service type	Compensation
TIAA7+ years Service code 13 · EIN 13-1624203	Contract Administrator	$142,389

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$142K

$99 / participant

Contract admin$142K100.0%

% of EOY assets

0.116%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,427

$50,169+6.5%

$149,740-64.3%

$80,187-33.4%

Participation rate

98.1%

64.3%+33.8pp

78.8%+19.3pp

72.9%+25.1pp

Annual return

18.54%

29.82%-11.3pp

134.51%-116.0pp

40.40%-21.9pp

Employer contribution / active EE

$3,517

$1,869+88.1%

$4,821-27.1%

$2,980+18.0%

Participant deferral / active EE

$3,202

$3,194+0.3%

$5,683-43.7%

$5,016-36.2%

Admin fee / account holder

$62

$153-59.4%

$13,222-99.5%

$145-57.2%

Provider

Service type

Compensation

TIAA7+ years

Service code 13 · EIN 13-1624203

Contract Administrator

$142,389

UVA PHYSICIANS GROUP RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UVA PHYSICIANS GROUP RETIREMENT 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