Retirement plan

ANIMAL MEDICAL CLINIC PA PENSION BENEFIT PLAN

Name: ANIMAL MEDICAL CLINIC PA - ANIMAL MEDICAL CLINIC PA PENSION BENEFIT PLAN (2020) Form 5500
Creator: ANIMAL MEDICAL CLINIC PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANIMAL MEDICAL CLINIC PA PENSION BENEFIT PLAN, ANIMAL MEDICAL CLINIC PA

ANIMAL MEDICAL CLINIC PAEIN 59-1483983Plan #001PY 2020

4020 S BABCOCK STREET - MELBOURNE, FL 32901321-727-2421animal-medical-clinic.comLinkedIn11-50 employeesveterinary

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.9M

+23.6% from 2019

Total participants

+3.3% from 2019

Average account balance

$127,780

+19.6% from 2019

Annual return

26.97%

+1.75 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.68M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$359K

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

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35295

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 codes2J3D

Plan features

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.
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

$463K

$10528 / participant

Other / not subdivided$463K100.0%

% of EOY assets

5.847%

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

$127,780

$98,766+29.4%

$149,730-14.7%

$79,852+60.0%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

26.97%

27.43%-0.5pp

276.70%-249.7pp

31.72%-4.8pp

Employer contribution / active EE

$2,391

$3,217-25.7%

$4,645-48.5%

$2,471-3.2%

Participant deferral / active EE

$3,099

$5,681-45.4%

$6,843-54.7%

$3,740-17.1%

Admin fee / account holder

$7,471

$6,052+23.4%

$9,310-19.8%

$5,306+40.8%

ANIMAL MEDICAL CLINIC PA PENSION BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANIMAL MEDICAL CLINIC PA PENSION BENEFIT 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