Retirement plan

PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. - PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. 401(K) PROFIT SHARING PLAN AND TRUST, PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L.

PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L.EIN 65-0603006Plan #001PY 2018

12730 NEW BRITTANY BLVD., SUITE 602 - FORT MYERS, FL 33907239-275-5522LinkedIn201-500 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$23.5M

-11.0% from 2017

Total participants

314

-4.3% from 2017

Average account balance

$95,100

-16.7% from 2017

Annual return

-5.46%

-21.36 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

$29.83M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

188

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.

61.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$398

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 7 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES4+ years Filed as: CASE PEARLMAN RETIREMENT PL, LLC Service code 27 12140 CARISSA COMMERCE CT, · FORT MYERS, FL 33966	Advisory (Plan)	$52,583
PROGRESSIVE PENSION ADMIN., INC.4+ years Service code 13 4560 VIA ROYALE, SUITE 4A · FORT MYERS, FL 33919	Contract Administrator	$14,871
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADV. SERVICES Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$5,237
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$2,039
LARSON FINANCIAL GROUP LLC2 years Filed as: LARSON FINANCIAL GROUP Service code 71 1015 CORPORATE SQUARE DR, SUITE 300 · ST. LOUIS, MO 63132	Brokerage Fees	$381
TD AMERITRADE, INC.2 years Filed as: TD AMERITRADE Service code 33	Securities brokerage	$0
TD AMERITRADE, INC.2 years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$72K

$324 / participant

Investment mgmt$72K100.0%

% of EOY assets

0.307%

all-in expense ratio

Categories reported

1 / 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: HUGHES, SNELL AND COMPANY
Auditor EIN: 592309183
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,100

$47,977+98.2%

$154,114-38.3%

$56,287+69.0%

Participation rate

70.0%

66.2%+3.8pp

83.0%-13.1pp

69.9%+0.1pp

Annual return

-5.46%

3.54%-9.0pp

735.16%-740.6pp

-9.96%+4.5pp

Employer contribution / active EE

$2,895

$2,169+33.5%

$5,298-45.4%

$2,111+37.1%

Participant deferral / active EE

$5,403

$2,392+125.9%

$5,081+6.4%

$3,350+61.3%

Admin fee / account holder

$292

$438-33.3%

$13,411-97.8%

$521-43.9%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES4+ years

Filed as: CASE PEARLMAN RETIREMENT PL, LLC

Service code 27

12140 CARISSA COMMERCE CT, · FORT MYERS, FL 33966

Advisory (Plan)

$52,583

PROGRESSIVE PENSION ADMIN., INC.4+ years

Service code 13

4560 VIA ROYALE, SUITE 4A · FORT MYERS, FL 33919

Contract Administrator

$14,871

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADV. SERVICES

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$5,237

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$2,039

LARSON FINANCIAL GROUP LLC2 years

Filed as: LARSON FINANCIAL GROUP

Service code 71

1015 CORPORATE SQUARE DR, SUITE 300 · ST. LOUIS, MO 63132

Brokerage Fees

$381

TD AMERITRADE, INC.2 years

Filed as: TD AMERITRADE

Service code 33

Securities brokerage

TD AMERITRADE, INC.2 years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHYSICIANS PRIMARY CARE OF SOUTHWEST FLORIDA, P.L. 401(K) PROFIT SHARING PLAN AND TRUST

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