Retirement plan

ARKANSAS SPECIALTY CARE CENTERS, P.A. PROFIT SHARING PLAN

Name: ARKANSAS SPECIALTY CARE CENTERS, P.A. - ARKANSAS SPECIALTY CARE CENTERS, P.A. PROFIT SHARING PLAN (2016) Form 5500
Creator: ARKANSAS SPECIALTY CARE CENTERS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARKANSAS SPECIALTY CARE CENTERS, P.A. PROFIT SHARING PLAN, ARKANSAS SPECIALTY CARE CENTERS, P.A.

ARKANSAS SPECIALTY CARE CENTERS, P.A.EIN 71-0485626Plan #001PY 2016

600 SOUTH MCKINLEY - LITTLE ROCK, AR 72205501-978-2615orthoarkansas.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$21M

-3.1% from 2015

Total participants

261

-1.5% from 2015

Average account balance

$80,630

-1.6% from 2015

Annual return

6.12%

+6.80 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.07M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

537

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.

88.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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 8 by compensation

Provider	Service type	Compensation
MATRIX TRUST COMPANY2+ years Filed as: BROADRIDGE MATRIX TRUST CO Service code 19 2800 NORTH CENTRAL AVENUE, SUITE 90 · PHOENIX, AZ 85004	Securities Custodian	$45,273
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES Service code 28 · EIN 13-2638166 1285 AVENUE OF THE AMERICAS · NEW YORK, NY 10019	Investment Management	$27,434
U.S. CAPITAL ADVISORS LLC2+ years Filed as: U.S. CAPITAL ADVISORS Service code 28 · EIN 27-1135667 1330 POST OAK BLVD · HOUSTON, TX 77056	Investment Management	$22,342
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 19 · EIN 59-1237041 1001 NORTH UNIVERSITY · LITTLE ROCK, AR 72207	Securities Custodian	$21,411
SHEAKLEY2+ years Service code 15 · EIN 31-1176227 100 MERCHANT ST. · CINCINNATI, OH 45246	Recordkeeping	$13,578
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB Service code 19 · EIN 94-1737782	Securities Custodian	$6,965
NATIONAL FINANCIAL SERVICES2+ years Filed as: NATIONAL FINANCIAL SERVICES, LLC Service code 19 · EIN 71-0857130 499 WASHINGTON BLVD · JERSEY CITY, NJ 07310	Securities Custodian	$6,586
SMITH CAPITAL MANAGEMENT INC2+ years Filed as: SMITH CAPITAL MANAGEMENT Service code 28 · EIN 71-0596922 100 MORGAN KEEGAN DR. · LITTLE ROCK, AR 72202	Investment Management	$6,465

Plan features & details

Pension benefit codes2A2E2F2G2J2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$150K

$1112 / participant

Investment mgmt$150K100.0%

% of EOY assets

0.713%

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: JPMS COX, PLLC
Auditor EIN: 201776739
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,630

$46,732+72.5%

$156,551-48.5%

$55,167+46.2%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

6.12%

17.72%-11.6pp

32.23%-26.1pp

169.23%-163.1pp

Employer contribution / active EE

$7,083

$2,105+236.5%

$5,501+28.8%

$1,963+260.9%

Participant deferral / active EE

$4,213

$2,204+91.1%

$4,871-13.5%

$3,054+37.9%

Admin fee / account holder

$575

$418+37.4%

$13,028-95.6%

$504+14.1%

Provider

Service type

Compensation

MATRIX TRUST COMPANY2+ years

Filed as: BROADRIDGE MATRIX TRUST CO

Service code 19

2800 NORTH CENTRAL AVENUE, SUITE 90 · PHOENIX, AZ 85004

Securities Custodian

$45,273

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES

Service code 28 · EIN 13-2638166

1285 AVENUE OF THE AMERICAS · NEW YORK, NY 10019

Investment Management

$27,434

U.S. CAPITAL ADVISORS LLC2+ years

Filed as: U.S. CAPITAL ADVISORS

Service code 28 · EIN 27-1135667

1330 POST OAK BLVD · HOUSTON, TX 77056

Investment Management

$22,342

RAYMOND JAMES FINANCIAL SERVICES2+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 19 · EIN 59-1237041

1001 NORTH UNIVERSITY · LITTLE ROCK, AR 72207

Securities Custodian

$21,411

SHEAKLEY2+ years

Service code 15 · EIN 31-1176227

100 MERCHANT ST. · CINCINNATI, OH 45246

Recordkeeping

$13,578

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 94-1737782

Securities Custodian

$6,965

NATIONAL FINANCIAL SERVICES2+ years

Filed as: NATIONAL FINANCIAL SERVICES, LLC

Service code 19 · EIN 71-0857130

499 WASHINGTON BLVD · JERSEY CITY, NJ 07310

Securities Custodian

$6,586

SMITH CAPITAL MANAGEMENT INC2+ years

Filed as: SMITH CAPITAL MANAGEMENT

Service code 28 · EIN 71-0596922

100 MORGAN KEEGAN DR. · LITTLE ROCK, AR 72202

Investment Management

$6,465

ARKANSAS SPECIALTY CARE CENTERS, P.A. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARKANSAS SPECIALTY CARE CENTERS, P.A. PROFIT SHARING 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