Retirement plan

AMY FARNSWORTH, PSC 401(K) PROFIT SHARING PLAN

Name: AMY FARNSWORTH, PSC - AMY FARNSWORTH, PSC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: AMY FARNSWORTH, PSC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMY FARNSWORTH, PSC 401(K) PROFIT SHARING PLAN, AMY FARNSWORTH, PSC

AMY FARNSWORTH, PSCEIN 61-0978248Plan #002PY 2017

2700 BARDSTOWN RD - LOUISVILLE, KY 40205502-452-2116LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$905K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+15.0% from 2016

Total participants

0.0% from 2016

Average account balance

$238,368

+15.0% from 2016

Annual return

16.81%

-2.27 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$346K

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

$54K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2J2E2G2R

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.

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

$59K

$9840 / participant

Other / not subdivided$59K100.0%

% of EOY assets

4.954%

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

$238,368

$198,457+20.1%

$170,435+39.9%

$147,586+61.5%

Participation rate

83.3%

88.0%-4.6pp

83.6%-0.3pp

82.8%+0.5pp

Annual return

16.81%

257.30%-240.5pp

205.94%-189.1pp

578.59%-561.8pp

Employer contribution / active EE

$2,366

$6,183-61.7%

$5,432-56.5%

$4,876-51.5%

Participant deferral / active EE

$4,280

$5,629-24.0%

$4,939-13.4%

$5,439-21.3%

Admin fee / account holder

$11,808

$16,852-29.9%

$13,881-14.9%

$10,886+8.5%

AMY FARNSWORTH, PSC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMY FARNSWORTH, PSC 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