Retirement plan

ONCOLOGY AND HEMATOLOGY ASSOCIATES OF WEST BROWARD PA RETIREMENT PLAN

Name: ONCOLOGY & HEMATOLOGY ASSOCIATES OF WEST BROWARD PA - ONCOLOGY AND HEMATOLOGY ASSOCIATES OF WEST BROWARD PA RETIREMENT PLAN (2016) Form 5500
Creator: ONCOLOGY & HEMATOLOGY ASSOCIATES OF WEST BROWARD PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONCOLOGY AND HEMATOLOGY ASSOCIATES OF WEST BROWARD PA RETIREMENT PLAN, ONCOLOGY & HEMATOLOGY ASSOCIATES OF WEST BROWARD PA

ONCOLOGY & HEMATOLOGY ASSOCIATES OF WEST BROWARD PAEIN 65-0753936Plan #001PY 2016

7431 NORTH UNIVERSITY DRIVE, SUITE 110 - TAMARAC, FL 33321954-726-0035

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+22.7% from 2015

Total participants

+13.3% from 2015

Average account balance

$35,438

+15.0% from 2015

Annual return

8.58%

+9.41 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.37M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

223.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$283K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2080

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 codes2E2F2G2J3D2T

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.
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

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

$60K

$1367 / participant

Other / not subdivided$60K100.0%

% of EOY assets

3.537%

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

$35,438

$77,638-54.4%

$156,551-77.4%

$62,881-43.6%

Participation rate

93.2%

71.2%+22.0pp

84.0%+9.2pp

69.3%+23.9pp

Annual return

8.58%

50.33%-41.7pp

32.23%-23.6pp

20.14%-11.6pp

Employer contribution / active EE

$3,504

$3,444+1.8%

$5,501-36.3%

$2,281+53.6%

Participant deferral / active EE

$2,022

$3,046-33.6%

$4,871-58.5%

$3,203-36.9%

Admin fee / account holder

$1,253

$5,561-77.5%

$13,028-90.4%

$4,296-70.8%

ONCOLOGY AND HEMATOLOGY ASSOCIATES OF WEST BROWARD PA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONCOLOGY AND HEMATOLOGY ASSOCIATES OF WEST BROWARD PA 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