Retirement plan

GC OUTPATIENT SURGERY 401K PLAN

Name: GULF COAST OUTPATIENT SURGERY CENTER, LLC - GC OUTPATIENT SURGERY 401K PLAN (2022) Form 5500
Creator: GULF COAST OUTPATIENT SURGERY CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GC OUTPATIENT SURGERY 401K PLAN, GULF COAST OUTPATIENT SURGERY CENTER, LLC

GULF COAST OUTPATIENT SURGERY CENTER, LLCEIN 64-0935301Plan #002PY 2022

2781 C T SWITZER SR. DR., SUITE 101 - BILOXI, MS 395314535228-594-2900gulfcoastoutpatient.comLinkedIn1-10 employeesrestaurants

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$208K

+24.5% from 2021

Total participants

-15.2% from 2021

Average account balance

$13,870

-17.0% from 2021

Annual return

-19.45%

-35.07 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$406K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

42.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1072

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 codes2E2J2F2G3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$300

$8 / participant

Other / not subdivided$300100.0%

% of EOY assets

0.144%

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

$13,870

$73,863-81.2%

$143,797-90.4%

$68,490-79.7%

Participation rate

33.3%

66.7%-33.3pp

80.3%-47.0pp

67.9%-34.6pp

Annual return

-19.45%

0.91%-20.4pp

-0.04%-19.4pp

-7.85%-11.6pp

Employer contribution / active EE

$658

$3,185-79.3%

$4,952-86.7%

$2,597-74.7%

Participant deferral / active EE

$1,383

$3,385-59.2%

$5,638-75.5%

$4,028-65.7%

Admin fee / account holder

$20

$5,756-99.7%

$14,679-99.9%

$5,403-99.6%

GC OUTPATIENT SURGERY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GC OUTPATIENT SURGERY 401K 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