Retirement plan

ARKANSAS CARDIOLOGY OF NORTH LITTLE ROCK PROFIT SHARING & 401(K) PLAN

Name: ARKANSAS CARDIOLOGY, P.A - ARKANSAS CARDIOLOGY OF NORTH LITTLE ROCK PROFIT SHARING & 401(K) PLAN (2023) Form 5500
Creator: ARKANSAS CARDIOLOGY, P.A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARKANSAS CARDIOLOGY OF NORTH LITTLE ROCK PROFIT SHARING & 401(K) PLAN, ARKANSAS CARDIOLOGY, P.A

ARKANSAS CARDIOLOGY, P.AEIN 71-0481172Plan #004PY 2023

9501 BAPTIST HEALTH DRIVE SUITE 600 - LITTLE ROCK, AR 72205501-978-1975arcard.orgLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

2 filings

#001Retirement-$28.9M assets #003Retirement-$3.0M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.2M

+22.3% from 2022

Total participants

+25.8% from 2022

Average account balance

$328,860

+14.5% from 2022

Annual return

15.01%

+30.73 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.36M

Not enough data

1 years with asset history on file

Average account balance

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

$355K

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$649K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22073

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 codes2F2G2J2T

Plan features

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.

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

$50K

$1393 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.492%

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

$328,860

$77,908+322.1%

$149,696+119.7%

$75,173+337.5%

Participation rate

77.8%

65.6%+12.2pp

78.8%-1.0pp

67.2%+10.6pp

Annual return

15.01%

31.73%-16.7pp

134.46%-119.4pp

160.72%-145.7pp

Employer contribution / active EE

$9,737

$3,138+210.3%

$4,821+102.0%

$2,671+264.6%

Participant deferral / active EE

$7,588

$3,411+122.5%

$5,682+33.5%

$4,126+83.9%

Admin fee / account holder

$1,617

$5,950-72.8%

$13,212-87.8%

$5,651-71.4%

ARKANSAS CARDIOLOGY OF NORTH LITTLE ROCK PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARKANSAS CARDIOLOGY OF NORTH LITTLE ROCK PROFIT SHARING & 401(K) 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