Retirement plan

PATHOLOGISTS MEDICAL LABORATORY, P. A. & AFFILIATES 401(K) PROFIT SHARING PLAN

Name: PATHOLOGISTS MEDICAL LABORATORY, P. A. - PATHOLOGISTS MEDICAL LABORATORY, P. A. & AFFILIATES 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: PATHOLOGISTS MEDICAL LABORATORY, P. A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PATHOLOGISTS MEDICAL LABORATORY, P. A. & AFFILIATES 401(K) PROFIT SHARING PLAN, PATHOLOGISTS MEDICAL LABORATORY, P. A.

PATHOLOGISTS MEDICAL LABORATORY, P. A.EIN 56-1402065Plan #001PY 2016

10 MEDICAL PARK DRIVE - ASHEVILLE, NC 28803828-253-0762LinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.6M

-13.1% from 2015

Total participants

+9.8% from 2015

Average account balance

$146,190

-19.7% from 2015

Annual return

6.50%

+8.11 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.84M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

139.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$702K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$102372

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 codes2E2F2G2J2R3D3H

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.
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

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

$3.2M

$61837 / participant

Other / not subdivided$3M100.0%

% of EOY assets

32.686%

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

$146,190

$77,638+88.3%

$156,551-6.6%

$62,881+132.5%

Participation rate

98.0%

71.2%+26.8pp

84.0%+14.0pp

69.3%+28.7pp

Annual return

6.50%

50.33%-43.8pp

32.23%-25.7pp

20.14%-13.6pp

Employer contribution / active EE

$14,414

$3,444+318.5%

$5,501+162.0%

$2,281+531.9%

Participant deferral / active EE

$4,205

$3,046+38.1%

$4,871-13.7%

$3,203+31.3%

Admin fee / account holder

$47,783

$5,561+759.2%

$13,028+266.8%

$4,296+1012.3%

PATHOLOGISTS MEDICAL LABORATORY, P. A. & AFFILIATES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PATHOLOGISTS MEDICAL LABORATORY, P. A. & AFFILIATES 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