Retirement plan

DIGESTIVE DISEASES CENTER 401(K) PROFIT SHARING PLAN

Name: DIGESTIVE DISEASES CENTER OF FLORIDA, PLLC. - DIGESTIVE DISEASES CENTER 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: DIGESTIVE DISEASES CENTER OF FLORIDA, PLLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIGESTIVE DISEASES CENTER 401(K) PROFIT SHARING PLAN, DIGESTIVE DISEASES CENTER OF FLORIDA, PLLC.

DIGESTIVE DISEASES CENTER OF FLORIDA, PLLC.EIN 59-2034963Plan #001PY 2019

204 E. 19TH STREET - PANAMA CITY, FL 32405850-763-5409

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.6M

+23.6% from 2018

Total participants

121

+3.4% from 2018

Average account balance

$62,774

+19.5% from 2018

Annual return

22.72%

+29.33 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.09M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

194.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$655K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10964

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

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTEMNTS Service code 37 · EIN 04-2647786 INSTITUTIONAL OPERATIONS · COVINGTON, KY 41015	Loan Processing	$7,943
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES FINANCIAL Service code 27 · EIN 59-2937883 SERVICES · PANAMA CITY, FL 32405	Advisory (Plan)	$7,513

Plan features & details

Pension benefit codes2E2G2J3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$201 / participant

Investment mgmt$17K100.0%

% of EOY assets

0.219%

all-in expense ratio

Categories reported

1 / 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: CARR, RIGGS & INGRAM, LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,774

$85,171-26.3%

$172,752-63.7%

$72,975-14.0%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

22.72%

27.32%-4.6pp

802.97%-780.3pp

81.01%-58.3pp

Employer contribution / active EE

$6,231

$3,324+87.5%

$5,144+21.1%

$2,440+155.4%

Participant deferral / active EE

$2,808

$3,260-13.9%

$5,198-46.0%

$3,608-22.2%

Admin fee / account holder

$138

$5,880-97.7%

$13,955-99.0%

$5,124-97.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTEMNTS

Service code 37 · EIN 04-2647786

INSTITUTIONAL OPERATIONS · COVINGTON, KY 41015

Loan Processing

$7,943

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES FINANCIAL

Service code 27 · EIN 59-2937883

SERVICES · PANAMA CITY, FL 32405

Advisory (Plan)

$7,513

DIGESTIVE DISEASES CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIGESTIVE DISEASES CENTER 401(K) 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