Retirement plan

EMERGENCY PHYSICIANS OF TIDEWATER, PLC 401(K) & PROFIT SHARING PLAN

Name: EMERGENCY PHYSICIANS OF TIDEWATER, P.L.C. - EMERGENCY PHYSICIANS OF TIDEWATER, PLC 401(K) & PROFIT SHARING PLAN (2017) Form 5500
Creator: EMERGENCY PHYSICIANS OF TIDEWATER, P.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMERGENCY PHYSICIANS OF TIDEWATER, PLC 401(K) & PROFIT SHARING PLAN, EMERGENCY PHYSICIANS OF TIDEWATER, P.L.C.

EMERGENCY PHYSICIANS OF TIDEWATER, P.L.C.EIN 54-1141362Plan #004PY 2017

4092 FOXWOOD DRIVE, SUITE 101 - VIRGINIA BEACH, VA 23462757-467-4200ept911.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$65.5M

+21.6% from 2016

Total participants

230

+3.6% from 2016

Average account balance

$322,522

+6.6% from 2016

Annual return

17.46%

+7.61 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

$140.74M

Not enough data

1 years with asset history on file

Average account balance

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

$531K

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.

265

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+15.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$733

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 8 by compensation

Provider	Service type	Compensation
WILBANKS, SMITH & THOMAS ASSET MGMT3+ years Filed as: WILBANKS SMITH & THOMAS ASSET MGT Service code 28 · EIN 54-2005153	Investment Management	$130,877
FINANCIAL SECURITY ADVISORY, INC.3+ years Service code 26 · EIN 54-1832175	Advisory (Participants)	$36,734
LWI FINANCIAL INC2 years Service code 26 · EIN 95-4699121	Advisory (Participants)	$15,401
LMCG INVESTMENTS LLC3+ years Service code 26 · EIN 27-0282607	Advisory (Participants)	$15,257
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782	Other investment fees and expenses; D...	$11,015
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$392
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R3B3D3H2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$199K

$947 / participant

Investment mgmt$199K99.8%
Other / not subdivided$3920.2%

% of EOY assets

0.304%

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: ZUKERMAN & ASSOCIATES, LTD.
Auditor EIN: 541244551
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$322,522

$55,453+481.6%

$170,435+89.2%

$62,293+417.7%

Participation rate

87.1%

66.4%+20.8pp

83.6%+3.5pp

69.5%+17.6pp

Annual return

17.46%

21.38%-3.9pp

205.94%-188.5pp

28.90%-11.4pp

Employer contribution / active EE

$14,784

$2,164+583.3%

$5,432+172.2%

$2,042+623.9%

Participant deferral / active EE

$7,578

$2,303+229.1%

$4,939+53.4%

$3,169+139.1%

Admin fee / account holder

$980

$455+115.4%

$13,881-92.9%

$479+104.5%

Provider

Service type

Compensation

WILBANKS, SMITH & THOMAS ASSET MGMT3+ years

Filed as: WILBANKS SMITH & THOMAS ASSET MGT

Service code 28 · EIN 54-2005153

Investment Management

$130,877

FINANCIAL SECURITY ADVISORY, INC.3+ years

Service code 26 · EIN 54-1832175

Advisory (Participants)

$36,734

LWI FINANCIAL INC2 years

Service code 26 · EIN 95-4699121

Advisory (Participants)

$15,401

LMCG INVESTMENTS LLC3+ years

Service code 26 · EIN 27-0282607

Advisory (Participants)

$15,257

CHARLES SCHWAB & CO., INC.3+ years

Service code 33 · EIN 94-1737782

Other investment fees and expenses; D...

$11,015

CHARLES SCHWAB & CO., INC.3+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$392

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO INC AND AFFILIA

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

EMERGENCY PHYSICIANS OF TIDEWATER, PLC 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMERGENCY PHYSICIANS OF TIDEWATER, PLC 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