Retirement plan

EYE CONSULTANTS OF ATLANTA, PC/PIEDMONT SYSTEM AMBULATORY SURGERY CENTER, LLC 401(K) PLAN

Name: EC OF ATLANTA, PC/PIEDMONT SYSTEM - EYE CONSULTANTS OF ATLANTA, PC/PIEDMONT SYSTEM AMBULATORY SURGERY CENTER, LLC 401(K) PLAN (2020) Form 5500
Creator: EC OF ATLANTA, PC/PIEDMONT SYSTEM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EYE CONSULTANTS OF ATLANTA, PC/PIEDMONT SYSTEM AMBULATORY SURGERY CENTER, LLC 401(K) PLAN, EC OF ATLANTA, PC/PIEDMONT SYSTEM

EC OF ATLANTA, PC/PIEDMONT SYSTEMEIN 58-2659776Plan #001PY 2020

3193 HOWELL MILL RD., SUITE 100 - ATLANTA, GA 30327404-350-1410

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

-0.7% from 2019

Total participants

-3.8% from 2019

Average account balance

$43,453

-0.7% from 2019

Annual return

10.14%

-13.48 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.94M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

75.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$263K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7688

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$256K

$15035 / participant

Other / not subdivided$256K100.0%

% of EOY assets

24.509%

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

$43,453

$209,428-79.3%

$178,498-75.7%

$158,950-72.7%

Participation rate

94.1%

86.4%+7.8pp

81.9%+12.2pp

82.0%+12.2pp

Annual return

10.14%

188.78%-178.6pp

151.09%-141.0pp

302.91%-292.8pp

Employer contribution / active EE

$4,148

$5,707-27.3%

$5,011-17.2%

$4,762-12.9%

Participant deferral / active EE

$4,161

$5,955-30.1%

$5,202-20.0%

$5,983-30.5%

Admin fee / account holder

$10,650

$17,077-37.6%

$13,985-23.8%

$11,248-5.3%

EYE CONSULTANTS OF ATLANTA, PC/PIEDMONT SYSTEM AMBULATORY SURGERY CENTER, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EYE CONSULTANTS OF ATLANTA, PC/PIEDMONT SYSTEM AMBULATORY SURGERY CENTER, LLC 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