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 (2017) 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 2017

800 FAIR PARK BLVD - LITTLE ROCK, AR 72204501-978-2615orthoarkansas.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$23.7M

+12.4% from 2016

Total participants

280

+7.3% from 2016

Average account balance

$84,500

+4.8% from 2016

Annual return

15.95%

+9.83 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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
U.S. CAPITAL ADVISORS LLC3+ years Filed as: U.S. CAPITAL ADVISORS Service code 28 · EIN 27-1135667 1330 POST OAK BLVD · HOUSTON, TX 77056	Investment Management	$60,965
MATRIX TRUST COMPANY3+ years Filed as: BROADRIDGE MATRIX TRUST CO Service code 19 2800 NORTH CENTRAL AVENUE, SUITE 90 · PHOENIX, AZ 85004	Securities Custodian	$47,962
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 19 · EIN 59-1237041 1001 NORTH UNIVERSITY · LITTLE ROCK, AR 72207	Securities Custodian	$19,693
SHEAKLEY3+ years Service code 15 · EIN 31-1176227 100 MERCHANT ST. · CINCINNATI, OH 45246	Recordkeeping	$15,336
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB Service code 19 · EIN 94-1737782	Securities Custodian	$8,320
SMITH CAPITAL MANAGEMENT INC3+ years Filed as: SMITH CAPITAL MANAGEMENT Service code 28 · EIN 71-0596922 100 MORGAN KEEGAN DR. · LITTLE ROCK, AR 72202	Investment Management	$7,552
JPMS COX, PLLC1 year Filed as: JPMS COX Service code 10 · EIN 20-1776739 11300 CANTRELL RD, SUITE 301 · LITTLE ROCK, AR 72212	Accounting	$6,741
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES Service code 19 709 LONG POINT RD, STE A · MT. PLEASANT, SC 29464	Securities Custodian	$6,284

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

$189K

$1266 / participant

Investment mgmt$189K100.0%

% of EOY assets

0.797%

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: HOGANTAYLOR LLP
Auditor EIN: 731413977
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,500

$55,453+52.4%

$170,435-50.4%

$62,293+35.6%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

15.95%

21.38%-5.4pp

205.94%-190.0pp

28.90%-13.0pp

Employer contribution / active EE

$6,490

$2,164+199.9%

$5,432+19.5%

$2,042+217.8%

Participant deferral / active EE

$3,767

$2,303+63.6%

$4,939-23.7%

$3,169+18.9%

Admin fee / account holder

$674

$455+48.1%

$13,881-95.1%

$479+40.6%

Provider

Service type

Compensation

U.S. CAPITAL ADVISORS LLC3+ years

Filed as: U.S. CAPITAL ADVISORS

Service code 28 · EIN 27-1135667

1330 POST OAK BLVD · HOUSTON, TX 77056

Investment Management

$60,965

MATRIX TRUST COMPANY3+ years

Filed as: BROADRIDGE MATRIX TRUST CO

Service code 19

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

Securities Custodian

$47,962

RAYMOND JAMES FINANCIAL SERVICES3+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 19 · EIN 59-1237041

1001 NORTH UNIVERSITY · LITTLE ROCK, AR 72207

Securities Custodian

$19,693

SHEAKLEY3+ years

Service code 15 · EIN 31-1176227

100 MERCHANT ST. · CINCINNATI, OH 45246

Recordkeeping

$15,336

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 94-1737782

Securities Custodian

$8,320

SMITH CAPITAL MANAGEMENT INC3+ years

Filed as: SMITH CAPITAL MANAGEMENT

Service code 28 · EIN 71-0596922

100 MORGAN KEEGAN DR. · LITTLE ROCK, AR 72202

Investment Management

$7,552

JPMS COX, PLLC1 year

Filed as: JPMS COX

Service code 10 · EIN 20-1776739

11300 CANTRELL RD, SUITE 301 · LITTLE ROCK, AR 72212

Accounting

$6,741

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 19

709 LONG POINT RD, STE A · MT. PLEASANT, SC 29464

Securities Custodian

$6,284

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