Retirement plan

AUGUSTA ONCOLOGY ASSOCIATES, P.C. PROFIT SHARING PLAN

Name: AUGUSTA ONCOLOGY ASSOCIATES, P.C. - AUGUSTA ONCOLOGY ASSOCIATES, P.C. PROFIT SHARING PLAN (2024) Form 5500
Creator: AUGUSTA ONCOLOGY ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUGUSTA ONCOLOGY ASSOCIATES, P.C. PROFIT SHARING PLAN, AUGUSTA ONCOLOGY ASSOCIATES, P.C.

AUGUSTA ONCOLOGY ASSOCIATES, P.C.EIN 58-1481590Plan #002PY 2024

3696 WHEELER ROAD - AUGUSTA, GA 30907706-736-1830augustaoncologyassociates.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.2M

+16.8% from 2023

Total participants

209

0.0% from 2023

Average account balance

$80,905

+16.8% from 2023

Annual return

14.74%

-5.39 pp from 2023

Benchmarks

See 6,026 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,026 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$16.18M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

200

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$831K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS8 years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$3,358
ERISA SERVICES OF GEORGIA, LLC5 years Service code 15 · EIN 83-4452620	Recordkeeping	$2,625
IMA WEALTH INC1 year Service code 27 · EIN 48-1233289	Advisory (Plan)	$2,083
ECONOMIC GROUP PENSION SERVICES1 year Service code 15 · EIN 86-2963468	Recordkeeping	$300

Plan features & details

Pension benefit codes2A2E2J2K2F2G2R3D

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.
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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$78K

$621 / participant

Contract admin$78K100.0%

% of EOY assets

0.483%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CHERRY BEKAERT, LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,905

$55,415+46.0%

$155,509-48.0%

$74,495+8.6%

Participation rate

92.9%

61.9%+31.0pp

78.2%+14.7pp

67.2%+25.7pp

Annual return

14.74%

268.50%-253.8pp

64.67%-49.9pp

1364.94%-1350.2pp

Employer contribution / active EE

$2,300

$2,267+1.4%

$4,672-50.8%

$2,623-12.3%

Participant deferral / active EE

$4,292

$2,836+51.3%

$5,626-23.7%

$4,346-1.2%

Admin fee / account holder

$391

$1,738-77.5%

$15,912-97.5%

$1,942-79.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS8 years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$3,358

ERISA SERVICES OF GEORGIA, LLC5 years

Service code 15 · EIN 83-4452620

Recordkeeping

$2,625

IMA WEALTH INC1 year

Service code 27 · EIN 48-1233289

Advisory (Plan)

$2,083

ECONOMIC GROUP PENSION SERVICES1 year

Service code 15 · EIN 86-2963468

Recordkeeping

$300

AUGUSTA ONCOLOGY ASSOCIATES, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUGUSTA ONCOLOGY ASSOCIATES, P.C. 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