Retirement plan

CLARKSVILLE MEDICAL GROUP, P.A 401(K) PROFIT SHARING PLAN AND TRUST

Name: CLARKSVILLE MEDICAL GROUP, P.A. - CLARKSVILLE MEDICAL GROUP, P.A 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: CLARKSVILLE MEDICAL GROUP, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLARKSVILLE MEDICAL GROUP, P.A 401(K) PROFIT SHARING PLAN AND TRUST, CLARKSVILLE MEDICAL GROUP, P.A.

CLARKSVILLE MEDICAL GROUP, P.A.EIN 71-0453605Plan #002PY 2020

601 MCKENNON STREET - CLARKSVILLE, AR 72830479-754-8384LinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

-6.1% from 2019

Total participants

+8.6% from 2019

Average account balance

$84,277

-11.2% from 2019

Annual return

11.72%

-0.39 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

181.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$188K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$910

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

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

$739K

$36973 / participant

Other / not subdivided$739K100.0%

% of EOY assets

23.714%

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

$84,277

$209,422-59.8%

$178,503-52.8%

$158,982-47.0%

Participation rate

95.0%

86.4%+8.6pp

81.9%+13.1pp

82.0%+13.0pp

Annual return

11.72%

188.81%-177.1pp

151.12%-139.4pp

302.99%-291.3pp

Employer contribution / active EE

$1,854

$5,707-67.5%

$5,011-63.0%

$4,763-61.1%

Participant deferral / active EE

$3,978

$5,955-33.2%

$5,202-23.5%

$5,983-33.5%

Admin fee / account holder

$19,985

$17,079+17.0%

$13,987+42.9%

$11,252+77.6%

CLARKSVILLE MEDICAL GROUP, P.A 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLARKSVILLE MEDICAL GROUP, P.A 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