Retirement plan

PRIORITY AMBULANCE, LLC 401(K) PLAN

Name: PRIORITY AMBULANCE, LLC - PRIORITY AMBULANCE, LLC 401(K) PLAN (2017) Form 5500
Creator: PRIORITY AMBULANCE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIORITY AMBULANCE, LLC 401(K) PLAN, PRIORITY AMBULANCE, LLC

PRIORITY AMBULANCE, LLCEIN 61-1725942Plan #002PY 2017

23200 N. PIMA RD, SUITE 210 - SCOTTSDALE, AZ 85255480-588-3431

Prospect flagsLow participationLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.8M

+65.5% from 2016

Total participants

2,173

+102.0% from 2016

Average account balance

$21,231

+2.2% from 2016

Annual return

63.35%

+46.26 pp from 2016

Benchmarks

See 238 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort238 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.15M

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

3,286

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.

63.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 E. ORCHARD ROAD · GREENWOOD, CO 80111	Recordkeeping Fees	$17,905
WALLACE PLESE & DREHER, LLP2 years Filed as: WALLACE PLESE DREHER, LLP Service code 10 · EIN 86-0841383 3933 S. MCCLINTOCK DRIVE · TEMPE, AZ 85282	Accounting	$10,500
ASPIRE FINANCIAL SERVICES2 years Service code 15 · EIN 27-1033755 4010 BOY SCOUT BOULEVARD STE 450 · TAMPA, FL 33607	Recordkeeping	$9,853
STELLAR CAPITAL MANAGEMENT1 year Service code 27 · EIN 86-0993065 2200 E. CAMELBACK RD STE 130 · PHOENIX, AZ 85016	Advisory (Plan)	$9,025
MATTHEWS, GOLD, KENNEDY & SNOW, INC1 year Service code 13 6530 N. 16TH ST · PHOENIX, AZ 85016	Contract Administrator	$6,183

Plan features & details

Pension benefit codes2A2E2J2K2G2R3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$41K

$19 / participant

Contract admin$41K100.0%

% of EOY assets

0.523%

all-in expense ratio

Categories reported

1 / 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: WALLACE PLESE & DREHER LLP
Auditor EIN: 860841383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,231

$65,292-67.5%

$71,671-70.4%

$77,958-72.8%

Participation rate

14.3%

67.4%-53.1pp

68.7%-54.5pp

71.6%-57.4pp

Annual return

63.35%

21.25%+42.1pp

20.65%+42.7pp

20.87%+42.5pp

Employer contribution / active EE

$18

$2,085-99.1%

$2,460-99.3%

$2,310-99.2%

Participant deferral / active EE

$236

$3,008-92.2%

$3,438-93.1%

$3,537-93.3%

Admin fee / account holder

$111

$84+31.4%

$5,558-98.0%

$97+13.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 E. ORCHARD ROAD · GREENWOOD, CO 80111

Recordkeeping Fees

$17,905

WALLACE PLESE & DREHER, LLP2 years

Filed as: WALLACE PLESE DREHER, LLP

Service code 10 · EIN 86-0841383

3933 S. MCCLINTOCK DRIVE · TEMPE, AZ 85282

Accounting

$10,500

ASPIRE FINANCIAL SERVICES2 years

Service code 15 · EIN 27-1033755

4010 BOY SCOUT BOULEVARD STE 450 · TAMPA, FL 33607

Recordkeeping

$9,853

STELLAR CAPITAL MANAGEMENT1 year

Service code 27 · EIN 86-0993065

2200 E. CAMELBACK RD STE 130 · PHOENIX, AZ 85016

Advisory (Plan)

$9,025

MATTHEWS, GOLD, KENNEDY & SNOW, INC1 year

Service code 13

6530 N. 16TH ST · PHOENIX, AZ 85016

Contract Administrator

$6,183

PRIORITY AMBULANCE, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIORITY AMBULANCE, LLC 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