Retirement plan

ONE ANESTHESIA 401(K) PROFIT SHARING PLAN

Name: ONE ANESTHESIA, PLLC - ONE ANESTHESIA 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: ONE ANESTHESIA, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONE ANESTHESIA 401(K) PROFIT SHARING PLAN, ONE ANESTHESIA, PLLC

ONE ANESTHESIA, PLLCEIN 61-0841763Plan #002PY 2016

320 WHITTINGTON PARKWAY, SUITE 301 - LOUISVILLE, KY 40222888-912-6517oneanesthesia.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesHigh assets / participantLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$71.8M

+5.9% from 2015

Total participants

179

-1.1% from 2015

Average account balance

$401,176

+5.9% from 2015

Annual return

8.50%

+8.87 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

$69.80M

Not enough data

1 years with asset history on file

Average account balance

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

$499K

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.

140

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

$3.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$58K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1243

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 3 by compensation

Provider	Service type	Compensation
UNIFIED TRUST COMPANY, N.A.2+ years Service code 13 · EIN 61-1256314	Contract Administrator	$217,906
STOCK YARDS BANK & TRUST2+ years Service code 26 P.O. BOX 34290 · LOUISVILLE, KY 402324290	Advisory (Participants)	$27,643
COMMONWEALTH FINANCIAL NETWORK2+ years Filed as: COMMONWEALTH BANK & TRUST COMPANY Service code 26 4350 BROWNSBORO ROAD, SUITE 210 · LOUISVILLE, KY 40207	Advisory (Participants)	$7,253

Plan features & details

Pension benefit codes3D2A2R2J2G2E2K2F2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.

Opportunity flags

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$254K

$2615 / participant

Investment mgmt$35K13.8%
Contract admin$219K86.2%

% of EOY assets

0.353%

all-in expense ratio

Categories reported

2 / 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: DEMING MALONE LIVESAY & OSTROFF
Auditor EIN: 611064249
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$401,176

$77,638+416.7%

$156,551+156.3%

$62,881+538.0%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

8.50%

50.33%-41.8pp

32.23%-23.7pp

20.14%-11.6pp

Employer contribution / active EE

$43,189

$3,444+1154.1%

$5,501+685.1%

$2,281+1793.5%

Participant deferral / active EE

$24,017

$3,046+688.6%

$4,871+393.1%

$3,203+649.8%

Admin fee / account holder

$1,417

$5,561-74.5%

$13,028-89.1%

$4,296-67.0%

Provider

Service type

Compensation

UNIFIED TRUST COMPANY, N.A.2+ years

Service code 13 · EIN 61-1256314

Contract Administrator

$217,906

STOCK YARDS BANK & TRUST2+ years

Service code 26

P.O. BOX 34290 · LOUISVILLE, KY 402324290

Advisory (Participants)

$27,643

COMMONWEALTH FINANCIAL NETWORK2+ years

Filed as: COMMONWEALTH BANK & TRUST COMPANY

Service code 26

4350 BROWNSBORO ROAD, SUITE 210 · LOUISVILLE, KY 40207

Advisory (Participants)

$7,253

ONE ANESTHESIA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONE ANESTHESIA 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