Retirement plan

PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN

Name: PULMONARY ASSOCIATES OF MOBILE - PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: PULMONARY ASSOCIATES OF MOBILE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN, PULMONARY ASSOCIATES OF MOBILE

PULMONARY ASSOCIATES OF MOBILEEIN 63-0799312Plan #001PY 2016

100 MEMORIAL HOSPITAL DR., SUITE 1A - MOBILE, AL 36608251-675-7513LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.2M

+16.1% from 2015

Total participants

163

+15.6% from 2015

Average account balance

$132,738

+2.3% from 2015

Annual return

9.12%

+8.91 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.22M

Not enough data

1 years with asset history on file

Average account balance

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

$290K

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.

163

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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 3 by compensation

Provider	Service type	Compensation
MITCHELL MCLEOD PUGH & WILLIAMS2+ years Service code 28 2610 DAUPHIN STREET · MOBILE, AL 36606	Investment Management	$62,346
REGIONS BANK2+ years Service code 21 · EIN 63-6129301	Bank Trustee	$23,521
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 41-1246679	Recordkeeping	$6,950

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$95K

$893 / participant

Investment mgmt$86K90.7%
Contract admin$7K7.3%
Other / not subdivided$2K2.0%

% of EOY assets

0.446%

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: SMITH DUKES AND BUCKALEW, LLP
Auditor EIN: 630191630
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$132,738

$46,732+184.0%

$156,551-15.2%

$55,167+140.6%

Participation rate

97.2%

65.8%+31.4pp

84.0%+13.2pp

69.0%+28.2pp

Annual return

9.12%

17.72%-8.6pp

32.23%-23.1pp

169.23%-160.1pp

Employer contribution / active EE

$8,340

$2,105+296.2%

$5,501+51.6%

$1,963+324.9%

Participant deferral / active EE

$5,714

$2,204+159.2%

$4,871+17.3%

$3,054+87.1%

Admin fee / account holder

$592

$418+41.5%

$13,028-95.5%

$504+17.5%

Provider

Service type

Compensation

MITCHELL MCLEOD PUGH & WILLIAMS2+ years

Service code 28

2610 DAUPHIN STREET · MOBILE, AL 36606

Investment Management

$62,346

REGIONS BANK2+ years

Service code 21 · EIN 63-6129301

Bank Trustee

$23,521

ASCENSUS LLC2+ years

Filed as: ASCENSUS

Service code 15 · EIN 41-1246679

Recordkeeping

$6,950

PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PULMONARY ASSOCIATES OF MOBILE, 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