Retirement plan

BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. PROFIT SHARING & 401(K) PLAN AND TRUST

Name: BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. - BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. PROFIT SHARING & 401(K) PLAN AND TRUST (2020) Form 5500
Creator: BOOZMAN-HOF REGIONAL EYE CLINIC, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. PROFIT SHARING & 401(K) PLAN AND TRUST, BOOZMAN-HOF REGIONAL EYE CLINIC, P.A.

BOOZMAN-HOF REGIONAL EYE CLINIC, P.A.EIN 71-0491799Plan #001PY 2020

3737 W. WALNUT - ROGERS, AR 72756479-636-7506LinkedIn51-200 employeesmedical practice

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$4.3M

+10.4% from 2019

Total participants

+9.5% from 2019

Average account balance

$68,131

-19.4% from 2019

Annual return

9.91%

-5.05 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.63M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

31.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$242K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14699

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 codes2E2H2J3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$191K

$2944 / participant

Other / not subdivided$191K100.0%

% of EOY assets

4.458%

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

$68,131

$91,198-25.3%

$178,503-61.8%

$79,856-14.7%

Participation rate

72.3%

69.2%+3.1pp

81.9%-9.6pp

69.6%+2.7pp

Annual return

9.91%

24.20%-14.3pp

151.12%-141.2pp

31.71%-21.8pp

Employer contribution / active EE

$219

$3,257-93.3%

$5,011-95.6%

$2,471-91.1%

Participant deferral / active EE

$2,599

$3,237-19.7%

$5,202-50.1%

$3,741-30.5%

Admin fee / account holder

$3,037

$6,748-55.0%

$13,987-78.3%

$5,306-42.8%

BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. PROFIT SHARING & 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOOZMAN-HOF REGIONAL EYE CLINIC, P.A. PROFIT SHARING & 401(K) 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