Retirement plan

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN

Name: PLASTIC SURGERY CENTER OF HSV, INC - PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN (2021) Form 5500
Creator: PLASTIC SURGERY CENTER OF HSV, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN, PLASTIC SURGERY CENTER OF HSV, INC

PLASTIC SURGERY CENTER OF HSV, INCEIN 63-1069132Plan #001PY 2021

303 WILLIAMS AVENUE, SUITE 1421 - HUNTSVILLE, AL 35801256-536-4448

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$13.9M

+6.6% from 2020

Total participants

0.0% from 2020

Average account balance

$221,210

+6.6% from 2020

Annual return

11.44%

-2.29 pp from 2020

Benchmarks

See 18,803 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,803 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.00M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$704K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14975

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 codes2E2F2G2J2R2S

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$26461 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.924%

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

$221,210

$95,415+131.8%

$185,851+19.0%

$85,851+157.7%

Participation rate

100.0%

68.8%+31.2pp

81.7%+18.3pp

69.3%+30.7pp

Annual return

11.44%

23.59%-12.1pp

122.11%-110.7pp

318.63%-307.2pp

Employer contribution / active EE

$6,076

$3,314+83.4%

$5,168+17.6%

$2,565+136.8%

Participant deferral / active EE

$6,901

$3,424+101.6%

$5,569+23.9%

$3,952+74.6%

Admin fee / account holder

$19,741

$7,215+173.6%

$16,245+21.5%

$6,261+215.3%

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K 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