Retirement plan

THOMAS EYE GROUP, P. C. 401(K) PLAN

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

THOMAS EYE GROUP, P.C.EIN 58-2209517Plan #002PY 2017

5901 A PEACHTREE DUNWOODY ROAD, SUITE 500 - ATLANTA, GA 30328678-892-2020thomaseyegroup.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$25.6M

+26.5% from 2016

Total participants

309

+4.4% from 2016

Average account balance

$83,787

+21.1% from 2016

Annual return

18.09%

+9.18 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.09M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

559

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

$3.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$245

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 4 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Service code 13 · EIN 06-1050034	Contract Administrator	$67,736
GREENSPRING ADVISORS, LLC3+ years Filed as: GREENSPRING WEALTH MANAGEMENT INC Service code 27 · EIN 20-8052881	Advisory (Plan)	$30,750
GREENSPRING ADVISORS, LLC3+ years Filed as: GREENSPRING WEALTH MANAGEMENT, INC. Service code 27 · EIN 20-1611389	Advisory (Plan)	$10,250
SMITH & HOWARD, PC3+ years Filed as: SMITH & HOWARD Service code 10 · EIN 58-1250486	Accounting	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T2S3F2R

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$130K

$489 / participant

Other / not subdivided$130K100.0%

% of EOY assets

0.505%

all-in expense ratio

Categories reported

0 / 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: SMITH & HOWARD
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,787

$46,173+81.5%

$170,435-50.8%

$69,631+20.3%

Participation rate

98.9%

63.9%+35.0pp

83.6%+15.3pp

70.7%+28.2pp

Annual return

18.09%

21.62%-3.5pp

205.94%-187.9pp

27571.02%-27552.9pp

Employer contribution / active EE

$4,769

$1,610+196.2%

$5,432-12.2%

$2,032+134.7%

Participant deferral / active EE

$4,607

$2,080+121.5%

$4,939-6.7%

$3,224+42.9%

Admin fee / account holder

$423

$116+265.1%

$13,881-96.9%

$110+283.4%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$67,736

GREENSPRING ADVISORS, LLC3+ years

Filed as: GREENSPRING WEALTH MANAGEMENT INC

Service code 27 · EIN 20-8052881

Advisory (Plan)

$30,750

GREENSPRING ADVISORS, LLC3+ years

Filed as: GREENSPRING WEALTH MANAGEMENT, INC.

Service code 27 · EIN 20-1611389

Advisory (Plan)

$10,250

SMITH & HOWARD, PC3+ years

Filed as: SMITH & HOWARD

Service code 10 · EIN 58-1250486

Accounting

$10,000

THOMAS EYE GROUP, P. C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMAS EYE GROUP, P. C. 401(K) 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