Retirement plan

MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Name: MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. - MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN, MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C.

MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C.EIN 63-0691533Plan #001PY 2016

273 WINTON M. BLOUNT LOOP - MONTGOMERY, AL 36117334-280-1500montgomerycardiovascular.comLinkedIn51-200 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.2M

+17.3% from 2015

Total participants

115

-5.7% from 2015

Average account balance

$71,417

+24.5% from 2015

Annual return

8.67%

+9.79 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.31M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

109

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.

117.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1880

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

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$269,942
INVESCO2+ years Filed as: CLARKE LANZEN SKALLA INVES FIRM Service code 49 17605 WRIGHT STREET · OMAHA, NE 68130	Other Services	$22,133
CORPORATE FINANCIAL SERVICES, LLC2+ years Filed as: CORPORATE FINANCIAL SERVICES Service code 34 PO BOX 240098 · MONTGOMERY, AL 36124	Participant loan processing; Particip...	$14,548
LIVINGS LANKFORD LAMBERT AND CO1 year Service code 10 PO BOX 240158 · MONTGOMERY, AL 36124	Accounting	$10,025
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON-CO-FID--INDEX-COMPREHENSIVE Service code 31 630 DUNDEE ROAD STE 200 · NORTHBROOK, IL 60062	Named fiduciary	$5,814

Plan features & details

Pension benefit codes2E2G2A2J2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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: LIVINGS, LANKFORD, LAMBERT & CO
Auditor EIN: 630931690
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,417

$77,638-8.0%

$156,551-54.4%

$62,881+13.6%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

8.67%

50.33%-41.7pp

32.23%-23.6pp

20.14%-11.5pp

Employer contribution / active EE

$6,239

$3,444+81.2%

$5,501+13.4%

$2,281+173.5%

Participant deferral / active EE

$3,525

$3,046+15.7%

$4,871-27.6%

$3,203+10.0%

Admin fee / account holder

$5,561-100.0%

$13,028-100.0%

$4,296-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$269,942

INVESCO2+ years

Filed as: CLARKE LANZEN SKALLA INVES FIRM

Service code 49

17605 WRIGHT STREET · OMAHA, NE 68130

Other Services

$22,133

CORPORATE FINANCIAL SERVICES, LLC2+ years

Filed as: CORPORATE FINANCIAL SERVICES

Service code 34

PO BOX 240098 · MONTGOMERY, AL 36124

Participant loan processing; Particip...

$14,548

LIVINGS LANKFORD LAMBERT AND CO1 year

Service code 10

PO BOX 240158 · MONTGOMERY, AL 36124

Accounting

$10,025

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON-CO-FID--INDEX-COMPREHENSIVE

Service code 31

630 DUNDEE ROAD STE 200 · NORTHBROOK, IL 60062

Named fiduciary

$5,814

MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MONTGOMERY CARDIOVASCULAR ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion