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 (2019) 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 2019

1401 HARRODSBURG RD. STE C-100 - LEXINGTON, KY 40504859-278-4960unitedsurgicalassociates.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.8M

+13.2% from 2018

Total participants

-19.7% from 2018

Average account balance

$213,988

+50.1% from 2018

Annual return

20.41%

+66.68 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

$1.2M

$35358 / participant

Other / not subdivided$1M100.0%

% of EOY assets

12.572%

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

$213,988

$85,169+151.3%

$172,755+23.9%

$72,983+193.2%

Participation rate

91.4%

70.1%+21.4pp

82.6%+8.8pp

69.5%+21.9pp

Annual return

20.41%

27.32%-6.9pp

802.94%-782.5pp

81.01%-60.6pp

Employer contribution / active EE

$9,781

$3,324+194.3%

$5,144+90.1%

$2,440+300.9%

Participant deferral / active EE

$6,029

$3,260+84.9%

$5,198+16.0%

$3,608+67.1%

Admin fee / account holder

$26,903

$5,880+357.5%

$13,955+92.8%

$5,124+425.0%

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