Retirement plan

SEALE HARRIS CLINIC, PC 401(K) PROFIT SHARING PLAN

Name: SEALE HARRIS CLINIC, PC - SEALE HARRIS CLINIC, PC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SEALE HARRIS CLINIC, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEALE HARRIS CLINIC, PC 401(K) PROFIT SHARING PLAN, SEALE HARRIS CLINIC, PC

SEALE HARRIS CLINIC, PCEIN 63-0718298Plan #001PY 2017

805 ST. VINCENT'S DRIVE SUITE 510 - BIRMINGHAM, AL 352051641205-595-5504sealeharris.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

+24.1% from 2016

Total participants

+14.9% from 2016

Average account balance

$49,748

+6.6% from 2016

Annual return

21.51%

+7.98 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.76M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$675K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2202

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 codes2E2G2J3D

Plan features

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.
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

$283K

$5152 / participant

Other / not subdivided$283K100.0%

% of EOY assets

8.023%

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

$49,748

$84,236-40.9%

$170,439-70.8%

$70,124-29.1%

Participation rate

89.1%

70.8%+18.3pp

83.6%+5.5pp

69.5%+19.6pp

Annual return

21.51%

23.06%-1.5pp

205.94%-184.4pp

73.14%-51.6pp

Employer contribution / active EE

$2,501

$3,387-26.2%

$5,433-54.0%

$2,342+6.8%

Participant deferral / active EE

$3,969

$3,086+28.6%

$4,939-19.6%

$3,332+19.1%

Admin fee / account holder

$3,991

$5,698-30.0%

$13,881-71.2%

$4,645-14.1%

SEALE HARRIS CLINIC, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEALE HARRIS CLINIC, PC 401(K) 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