Retirement plan

CHARLESTON HEART CLINIC, INC. PROFIT SHARING PLAN

Name: CHARLESTON HEART CLINIC, INC. - CHARLESTON HEART CLINIC, INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: CHARLESTON HEART CLINIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLESTON HEART CLINIC, INC. PROFIT SHARING PLAN, CHARLESTON HEART CLINIC, INC.

CHARLESTON HEART CLINIC, INC.EIN 55-0775295Plan #004PY 2018

331 LAIDLEY STREET SUITE 406 - CHARLESTON, WV 25301304-344-0186LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$2.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-1.7% from 2017

Total participants

+14.3% from 2017

Average account balance

$204,275

-1.7% from 2017

Annual return

-5.27%

-148.41 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.26M

Not enough data

1 years with asset history on file

Average account balance

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

$652K

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.

500.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$108K

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

+10.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84850

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$18K

$3638 / participant

Other / not subdivided$18K100.0%

% of EOY assets

1.272%

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

$204,275

$180,459+13.2%

$154,108+32.6%

$135,380+50.9%

Participation rate

80.0%

87.4%-7.4pp

83.0%-3.0pp

82.6%-2.6pp

Annual return

-5.27%

888.21%-893.5pp

735.21%-740.5pp

519.81%-525.1pp

Employer contribution / active EE

$1,746

$6,035-71.1%

$5,298-67.0%

$4,779-63.5%

Participant deferral / active EE

$8,553

$5,806+47.3%

$5,081+68.3%

$5,609+52.5%

Admin fee / account holder

$2,599

$16,145-83.9%

$13,411-80.6%

$10,828-76.0%

CHARLESTON HEART CLINIC, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLESTON HEART CLINIC, INC. 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