Retirement plan

LAWRENCE COUNTY FAMILY CLINIC, PA PROFIT SHARING PLAN AND TRUST

Name: LAWRENCE COUNTY FAMILY CLINIC, PA - LAWRENCE COUNTY FAMILY CLINIC, PA PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: LAWRENCE COUNTY FAMILY CLINIC, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAWRENCE COUNTY FAMILY CLINIC, PA PROFIT SHARING PLAN AND TRUST, LAWRENCE COUNTY FAMILY CLINIC, PA

LAWRENCE COUNTY FAMILY CLINIC, PAEIN 71-0451992Plan #001PY 2018

P.O. BOX 719 - WALNUT RIDGE, AR 72476870-886-3543lawrencedocs.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$15.5M

+14.1% from 2017

Total participants

+10.8% from 2017

Average account balance

$454,619

+10.7% from 2017

Annual return

15.86%

+5.84 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.65M

Not enough data

1 years with asset history on file

Average account balance

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

$676K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32355

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$412K

$12125 / participant

Other / not subdivided$412K100.0%

% of EOY assets

2.667%

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

$454,619

$75,962+498.5%

$154,108+195.0%

$64,173+608.4%

Participation rate

79.4%

70.4%+9.0pp

83.0%-3.6pp

69.6%+9.8pp

Annual return

15.86%

30.32%-14.5pp

735.21%-719.3pp

7.63%+8.2pp

Employer contribution / active EE

$1,805

$3,350-46.1%

$5,298-65.9%

$2,381-24.2%

Participant deferral / active EE

$3,250

$3,175+2.4%

$5,081-36.0%

$3,470-6.3%

Admin fee / account holder

$12,125

$5,589+117.0%

$13,411-9.6%

$4,887+148.1%

LAWRENCE COUNTY FAMILY CLINIC, PA PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAWRENCE COUNTY FAMILY CLINIC, PA 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