Retirement plan

LAWRENCEVILLE FAMILY PRACTICE, P.C. 401(K) SAVINGS PLAN

Name: LAWRENCEVILLE FAMILY PRACTICE, P.C. - LAWRENCEVILLE FAMILY PRACTICE, P.C. 401(K) SAVINGS PLAN (2017) Form 5500
Creator: LAWRENCEVILLE FAMILY PRACTICE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAWRENCEVILLE FAMILY PRACTICE, P.C. 401(K) SAVINGS PLAN, LAWRENCEVILLE FAMILY PRACTICE, P.C.

LAWRENCEVILLE FAMILY PRACTICE, P.C.EIN 58-2128485Plan #001PY 2017

1730 LAWRENCEVILLE-SUWANEE ROAD - LAWRENCEVILLE, GA 30043770-338-0089lawrencevillefamilypractice.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.5M

-9.0% from 2016

Total participants

+10.0% from 2016

Average account balance

$99,205

-39.3% from 2016

Annual return

12.28%

+3.45 pp from 2016

Benchmarks

See 106,905 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,905 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

77.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$142K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1983

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 codes2G2J2R3B

Plan features

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$469K

$23463 / participant

Other / not subdivided$469K100.0%

% of EOY assets

31.535%

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

$99,205

$198,462-50.0%

$170,439-41.8%

$147,585-32.8%

Participation rate

65.0%

88.0%-23.0pp

83.6%-18.6pp

82.8%-17.8pp

Annual return

12.28%

257.30%-245.0pp

205.94%-193.7pp

578.58%-566.3pp

Employer contribution / active EE

$1,176

$6,184-81.0%

$5,433-78.4%

$4,876-75.9%

Participant deferral / active EE

$4,877

$5,629-13.4%

$4,939-1.3%

$5,439-10.3%

Admin fee / account holder

$31,285

$16,852+85.6%

$13,881+125.4%

$10,886+187.4%

LAWRENCEVILLE FAMILY PRACTICE, P.C. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAWRENCEVILLE FAMILY PRACTICE, P.C. 401(K) SAVINGS 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