Retirement plan

CAROLINAS PATHOLOGY GROUP P.A. PROFIT SHARING PLAN

Name: CAROLINAS PATHOLOGY GROUP P.A. - CAROLINAS PATHOLOGY GROUP P.A. PROFIT SHARING PLAN (2015) Form 5500
Creator: CAROLINAS PATHOLOGY GROUP P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAROLINAS PATHOLOGY GROUP P.A. PROFIT SHARING PLAN, CAROLINAS PATHOLOGY GROUP P.A.

CAROLINAS PATHOLOGY GROUP P.A.EIN 56-0986500Plan #001PY 2015

800 WEST HILL STREET SUITE 100 - CHARLOTTE, NC 28208704-973-2493

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$28.4M

No prior year

Total participants

161

No prior year

Average account balance

$180,695

No prior year

Annual return

2.72%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.10M

Not enough data

1 years with asset history on file

Average account balance

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

$296K

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.

166

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1163

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 1 by compensation

Provider	Service type	Compensation
MATRIX TRUST COMPANY1+ years Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 18 · EIN 75-3182674	Finders' fees / placement fees; Trust...	$0

Plan features & details

Pension benefit codes2E2G3D2R2J2F2T

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.
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

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

$140K

$1218 / participant

Contract admin$140K100.0%

% of EOY assets

0.494%

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: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$180,695

$46,360+289.8%

$147,617+22.4%

$52,331+245.3%

Participation rate

96.5%

64.9%+31.6pp

84.6%+11.9pp

68.1%+28.4pp

Annual return

2.72%

1.62%+1.1pp

61.98%-59.3pp

4.54%-1.8pp

Employer contribution / active EE

$12,091

$2,126+468.7%

$5,564+117.3%

$1,882+542.5%

Participant deferral / active EE

$6,757

$2,258+199.3%

$4,895+38.0%

$3,022+123.6%

Admin fee / account holder

$892

$766+16.5%

$11,612-92.3%

$592+50.8%

Provider

Service type

Compensation

MATRIX TRUST COMPANY1+ years

Filed as: MG TRUST CO. DBA MATRIX TRUST CO.

Service code 18 · EIN 75-3182674

Finders' fees / placement fees; Trust...

CAROLINAS PATHOLOGY GROUP P.A. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAROLINAS PATHOLOGY GROUP P.A. 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