Retirement plan

UNITED SURGICAL ASSOCIATES P.S.C. PROFIT SHARING 401(K) PLAN

Name: UNITED SURGICAL ASSOCIATES, P.S.C. - UNITED SURGICAL ASSOCIATES P.S.C. PROFIT SHARING 401(K) PLAN (2024) Form 5500
Creator: UNITED SURGICAL ASSOCIATES, P.S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED SURGICAL ASSOCIATES P.S.C. PROFIT SHARING 401(K) PLAN, UNITED SURGICAL ASSOCIATES, P.S.C.

UNITED SURGICAL ASSOCIATES, P.S.C.EIN 61-1105765Plan #003PY 2024

2350 REGENCY RD. SUITE A - LEXINGTON, KY 40503859-278-4960unitedsurgicalassociates.comLinkedIn51-200 employeesmedical practice

Other plans on this EIN

1 filing

#004Retirement-$2.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+18.0% from 2023

Total participants

-10.9% from 2023

Average account balance

$112,434

+30.0% from 2023

Annual return

15.77%

-3.15 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.51M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

136.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$622K

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

+15.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11179

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 codes2E2F2G2J2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$548K

$15216 / participant

Other / not subdivided$548K100.0%

% of EOY assets

9.943%

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

$112,434

$81,331+38.2%

$155,534-27.7%

$80,935+38.9%

Participation rate

100.0%

66.3%+33.7pp

78.2%+21.8pp

67.7%+32.3pp

Annual return

15.77%

33.37%-17.6pp

64.92%-49.1pp

35.66%-19.9pp

Employer contribution / active EE

$10,332

$3,105+232.8%

$4,675+121.0%

$2,757+274.8%

Participant deferral / active EE

$6,941

$3,454+100.9%

$5,630+23.3%

$4,299+61.4%

Admin fee / account holder

$11,179

$7,999+39.8%

$15,900-29.7%

$6,924+61.4%

UNITED SURGICAL ASSOCIATES P.S.C. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED SURGICAL ASSOCIATES P.S.C. PROFIT SHARING 401(K) 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