Retirement plan

PORTSMOUTH ANESTHESIA ASSOCIATES, P.C. PROFIT SHARING RETIREMENT PLAN

Name: PORTSMOUTH ANESTHESIA ASSOCIATES, PC - PORTSMOUTH ANESTHESIA ASSOCIATES, P.C. PROFIT SHARING RETIREMENT PLAN (2017) Form 5500
Creator: PORTSMOUTH ANESTHESIA ASSOCIATES, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORTSMOUTH ANESTHESIA ASSOCIATES, P.C. PROFIT SHARING RETIREMENT PLAN, PORTSMOUTH ANESTHESIA ASSOCIATES, PC

PORTSMOUTH ANESTHESIA ASSOCIATES, PCEIN 54-1627342Plan #003PY 2017

3200 TYRE NECK RD, SUITE 101 - PORTSMOUTH, VA 23703757-399-7451LinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.7M

+14.6% from 2016

Total participants

+8.6% from 2016

Average account balance

$387,835

+5.5% from 2016

Annual return

16.27%

+11.29 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$554K

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$46185

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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 fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$45779 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.076%

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

$387,835

$84,236+360.4%

$170,435+127.6%

$70,126+453.1%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

16.27%

23.06%-6.8pp

205.94%-189.7pp

73.15%-56.9pp

Employer contribution / active EE

$22,762

$3,387+572.0%

$5,432+319.0%

$2,343+871.7%

Participant deferral / active EE

$14,484

$3,086+369.4%

$4,939+193.2%

$3,332+334.7%

Admin fee / account holder

$31,323

$5,698+449.7%

$13,881+125.7%

$4,645+574.3%

PORTSMOUTH ANESTHESIA ASSOCIATES, P.C. PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PORTSMOUTH ANESTHESIA ASSOCIATES, P.C. PROFIT SHARING 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