Retirement plan

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN

Name: MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. - MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN (2020) Form 5500
Creator: MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN, MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A.

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A.EIN 64-0793451Plan #001PY 2020

1513 LAKELAND DRIVE, SUITE 101 - JACKSON, MS 392164829601-354-4836msaac.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.5M

+37.6% from 2019

Total participants

-5.8% from 2019

Average account balance

$214,511

+46.1% from 2019

Annual return

35.41%

+17.99 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.59M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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

$830K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5072

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 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Service code 27 315 DEADERICK STREET · NASHVILLE, TN 37328	Advisory (Plan)	$12,670
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP Service code 59 6455 IRVINE RETIREMENT PLAN SERVICE · IRVINE, CA 92618	Shareholder Servicing	$5,298

Plan features & details

Pension benefit codes2E2G2J

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.

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

$320K

$6661 / participant

Other / not subdivided$320K100.0%

% of EOY assets

3.042%

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

$214,511

$91,167+135.3%

$178,498+20.2%

$79,858+168.6%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

35.41%

24.19%+11.2pp

151.09%-115.7pp

31.72%+3.7pp

Employer contribution / active EE

$5,544

$3,255+70.3%

$5,011+10.6%

$2,471+124.4%

Participant deferral / active EE

$4,673

$3,236+44.4%

$5,202-10.2%

$3,740+24.9%

Admin fee / account holder

$6,525

$6,747-3.3%

$13,985-53.3%

$5,306+23.0%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Service code 27

315 DEADERICK STREET · NASHVILLE, TN 37328

Advisory (Plan)

$12,670

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP

Service code 59

6455 IRVINE RETIREMENT PLAN SERVICE · IRVINE, CA 92618

Shareholder Servicing

$5,298

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT 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