Retirement plan

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

Name: PULMONARY ASSOCIATES OF MOBILE, P.C. - PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: PULMONARY ASSOCIATES OF MOBILE, P.C.
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, P.C.

PULMONARY ASSOCIATES OF MOBILE, P.C.EIN 63-0799312Plan #001PY 2018

P.O. BOX 7987 - MOBILE, AL 36607251-675-7513LinkedIn51-200 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$25.6M

+0.2% from 2017

Total participants

186

+8.8% from 2017

Average account balance

$144,441

-7.7% from 2017

Annual return

-3.82%

-17.87 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969	Contract Administrator	$24,904
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 27-4411131	Trustee (bank, trust company, or simi...	$11,179
MITCHELL MCLEOD PUGH & WILLIAMS4+ years Service code 28 2610 DAUPHIN STREET · MOBILE, AL 36606	Investment Management	$10,535

Plan features & details

Pension benefit codes2E2J2T3D3H

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.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$47K

$376 / participant

Investment mgmt$11K22.6%
Contract admin$25K53.4%
Other / not subdivided$11K24.0%

% of EOY assets

0.182%

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 MILLER, LLC
Auditor EIN: 270355040
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,441

$47,977+201.1%

$154,111-6.3%

$56,287+156.6%

Participation rate

92.7%

66.2%+26.6pp

83.0%+9.7pp

69.9%+22.9pp

Annual return

-3.82%

3.54%-7.4pp

735.18%-739.0pp

-9.96%+6.1pp

Employer contribution / active EE

$9,418

$2,169+334.3%

$5,298+77.8%

$2,111+346.1%

Participant deferral / active EE

$5,836

$2,392+144.0%

$5,081+14.9%

$3,350+74.2%

Admin fee / account holder

$263

$438-39.9%

$13,411-98.0%

$521-49.4%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 13 · EIN 27-2037969

Contract Administrator

$24,904

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 20 · EIN 27-4411131

Trustee (bank, trust company, or simi...

$11,179

MITCHELL MCLEOD PUGH & WILLIAMS4+ years

Service code 28

2610 DAUPHIN STREET · MOBILE, AL 36606

Investment Management

$10,535

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