Retirement plan

CHIPPS, CAFFREY & DUBILIER P.S.C. PROFIT SHARING AND SAVINGS PLAN

Name: CHIPPS, CAFFREY & DUBILIER, P.S.C. - CHIPPS, CAFFREY & DUBILIER P.S.C. PROFIT SHARING AND SAVINGS PLAN (2016) Form 5500
Creator: CHIPPS, CAFFREY & DUBILIER, P.S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHIPPS, CAFFREY & DUBILIER P.S.C. PROFIT SHARING AND SAVINGS PLAN, CHIPPS, CAFFREY & DUBILIER, P.S.C.

CHIPPS, CAFFREY & DUBILIER, P.S.C.EIN 61-0714497Plan #001PY 2016

290 BIG RUN ROAD - LEXINGTON, KY 405032903859-278-9513LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21M

+7.7% from 2015

Total participants

100

+4.2% from 2015

Average account balance

$244,507

+14.0% from 2015

Annual return

7.27%

+7.83 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.88M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

148

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$480

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

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 codes2E2F2G2J3D

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.
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

$931K

$13490 / participant

Other / not subdivided$931K100.0%

% of EOY assets

4.427%

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

$244,507

$77,638+214.9%

$156,552+56.2%

$62,881+288.8%

Participation rate

79.7%

71.2%+8.5pp

84.0%-4.3pp

69.3%+10.4pp

Annual return

7.27%

50.33%-43.1pp

32.23%-25.0pp

20.14%-12.9pp

Employer contribution / active EE

$7,606

$3,444+120.8%

$5,501+38.3%

$2,281+233.4%

Participant deferral / active EE

$6,226

$3,046+104.4%

$4,871+27.8%

$3,203+94.4%

Admin fee / account holder

$10,824

$5,561+94.6%

$13,028-16.9%

$4,296+152.0%

CHIPPS, CAFFREY & DUBILIER P.S.C. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHIPPS, CAFFREY & DUBILIER P.S.C. PROFIT SHARING AND 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