Retirement plan

ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. PROFIT SHARING PLAN

Name: ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. - ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. PROFIT SHARING PLAN (2015) Form 5500
Creator: ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. PROFIT SHARING PLAN, ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C.

ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C.EIN 62-1445498Plan #001PY 2015

979 EAST THIRD STREET, C-235 - CHATTANOOGA, TN 37403423-602-8417

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$61.9M

No prior year

Total participants

153

No prior year

Average account balance

$412,832

No prior year

Annual return

0.15%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$122.25M

Not enough data

1 years with asset history on file

Average account balance

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

$596K

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.

205

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+14.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$284

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
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES Service code 27 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Advisory (Plan)	$135,981
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111	Claims processing; Sub-transfer agenc...	$55,484
VERISIGHT, INC.1+ years Filed as: VERISIGHT TRUST COMPANY Service code 12 · EIN 27-4411131	Claims processing; Custodial (securit...	$23,459
WILMINGTON TRUST1+ years Service code 12 · EIN 51-0099033	Trustee (directed); Account maintenan...	$6,849
WILKINS, CREWS & ASSOCIATES, P.C.1+ years Service code 10 · EIN 20-3250784	Accounting	$6,139

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$146K

$1142 / participant

Investment mgmt$136K93.0%
Contract admin$4500.3%
Other / not subdivided$10K6.7%

% of EOY assets

0.236%

all-in expense ratio

Categories reported

2 / 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: WILKINS, CREWS & ASSOCIATES, P.C.
Auditor EIN: 203250784
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$412,832

$46,360+790.5%

$147,618+179.7%

$52,331+688.9%

Participation rate

97.7%

64.9%+32.7pp

84.6%+13.0pp

68.1%+29.6pp

Annual return

0.15%

1.62%-1.5pp

61.98%-61.8pp

4.54%-4.4pp

Employer contribution / active EE

$16,856

$2,126+692.8%

$5,565+202.9%

$1,882+795.8%

Participant deferral / active EE

$12,503

$2,258+453.8%

$4,895+155.4%

$3,022+313.7%

Admin fee / account holder

$975

$766+27.3%

$11,612-91.6%

$592+64.7%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES

Service code 27

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Advisory (Plan)

$135,981

NEWPORT GROUP, INC.1+ years

Filed as: NEWPORT RETIREMENT SERVICES, INC.

Service code 12 · EIN 62-1868111

Claims processing; Sub-transfer agenc...

$55,484

VERISIGHT, INC.1+ years

Filed as: VERISIGHT TRUST COMPANY

Service code 12 · EIN 27-4411131

Claims processing; Custodial (securit...

$23,459

WILMINGTON TRUST1+ years

Service code 12 · EIN 51-0099033

Trustee (directed); Account maintenan...

$6,849

WILKINS, CREWS & ASSOCIATES, P.C.1+ years

Service code 10 · EIN 20-3250784

Accounting

$6,139

ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIOLOGY CONSULTANTS EXCHANGE, P.C. 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