Retirement plan

GEORGETOWN INTERNAL MEDICINE 401(K) PROFIT SHARING PLAN

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

GEORGETOWN INTERNAL MEDICINEEIN 61-1081663Plan #001PY 2016

1138 LEXINGTON RD STE 290 - GEORGETOWN, KY 403249672502-863-0721

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+11.4% from 2015

Total participants

0.0% from 2015

Average account balance

$56,456

+11.4% from 2015

Annual return

8.09%

+7.89 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.35M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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

$82K

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

+16.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12380

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 codes2E2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

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

$32K

$3203 / participant

Other / not subdivided$32K100.0%

% of EOY assets

2.579%

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

$56,456

$181,896-69.0%

$156,551-63.9%

$273,972-79.4%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

8.09%

30.74%-22.7pp

32.23%-24.1pp

41.46%-33.4pp

Employer contribution / active EE

$2,565

$6,248-59.0%

$5,501-53.4%

$4,869-47.3%

Participant deferral / active EE

$3,152

$5,550-43.2%

$4,871-35.3%

$5,287-40.4%

Admin fee / account holder

$1,456

$15,560-90.6%

$13,028-88.8%

$10,133-85.6%

GEORGETOWN INTERNAL MEDICINE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEORGETOWN INTERNAL MEDICINE 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