Retirement plan

ARKANSAS UROLOGY, P.A. PROFIT SHARING PLAN AND 401(K) PLAN

Name: ARKANSAS UROLOGY ASSOCIATES, P.A. - ARKANSAS UROLOGY, P.A. PROFIT SHARING PLAN AND 401(K) PLAN (2024) Form 5500
Creator: ARKANSAS UROLOGY ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARKANSAS UROLOGY, P.A. PROFIT SHARING PLAN AND 401(K) PLAN, ARKANSAS UROLOGY ASSOCIATES, P.A.

ARKANSAS UROLOGY ASSOCIATES, P.A.EIN 71-0782429Plan #001PY 2024

1300 CENTERVIEW DR - LITTLE ROCK, AR 72211501-219-8900LinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$27.8M

+3.3% from 2023

Total participants

418

+5.8% from 2023

Average account balance

$73,354

-6.0% from 2023

Annual return

11.58%

+1.58 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.80M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

379

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.

80.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$410

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 6 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER10+ years Filed as: PENSION CONSULTANTS, INC. Service code 27 · EIN 43-1685158	Advisory (Plan)	$46,642
CHARLES SCHWAB & CO., INC.10+ years Filed as: CHARLES SCHWAB Service code 27 · EIN 94-1737782	Advisory (Plan)	$34,735
CORRELL CO.10+ years Service code 15 · EIN 36-3492086	Recordkeeping	$32,504
AXOS FINANCIAL1 year Filed as: AXOS FINANCIAL, INC., Service code 27 9205 WEST RUSSELL ROAD · LAS VEGAS, NV 89148	Advisory (Plan)	$13,028
FRIDAY ELDREDGE & CLARK6 years Filed as: FRIDAY, ELDREDGE & CLARK, LLP Service code 16 400 WEST CAPITOL AVE · LITTLE ROCK, AR 72201	Consulting	$10,870
JACKSON SQUARE PARTNERS9 years Filed as: JACKSON Service code 27 · EIN 38-1659835	Advisory (Plan)	$10,583

Plan features & details

Pension benefit codes2E2F2G2J2R3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$156K

$789 / participant

Recordkeeping$33K20.9%
Investment mgmt$112K72.1%
Legal$11K7.0%

% of EOY assets

0.559%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RASCO,WINTER THOMAS GROUP
Auditor EIN: 710448488
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,354

$55,446+32.3%

$155,574-52.8%

$74,429-1.4%

Participation rate

80.2%

61.9%+18.3pp

78.2%+2.0pp

67.2%+13.0pp

Annual return

11.58%

269.20%-257.6pp

64.87%-53.3pp

1368.38%-1356.8pp

Employer contribution / active EE

$7,781

$2,266+243.4%

$4,676+66.4%

$2,625+196.4%

Participant deferral / active EE

$1,698

$2,836-40.1%

$5,629-69.8%

$4,348-60.9%

Admin fee / account holder

$410

$1,743-76.5%

$15,914-97.4%

$1,944-78.9%

Provider

Service type

Compensation

ADP BROKER-DEALER10+ years

Filed as: PENSION CONSULTANTS, INC.

Service code 27 · EIN 43-1685158

Advisory (Plan)

$46,642

CHARLES SCHWAB & CO., INC.10+ years

Filed as: CHARLES SCHWAB

Service code 27 · EIN 94-1737782

Advisory (Plan)

$34,735

CORRELL CO.10+ years

Service code 15 · EIN 36-3492086

Recordkeeping

$32,504

AXOS FINANCIAL1 year

Filed as: AXOS FINANCIAL, INC.,

Service code 27

9205 WEST RUSSELL ROAD · LAS VEGAS, NV 89148

Advisory (Plan)

$13,028

FRIDAY ELDREDGE & CLARK6 years

Filed as: FRIDAY, ELDREDGE & CLARK, LLP

Service code 16

400 WEST CAPITOL AVE · LITTLE ROCK, AR 72201

Consulting

$10,870

JACKSON SQUARE PARTNERS9 years

Filed as: JACKSON

Service code 27 · EIN 38-1659835

Advisory (Plan)

$10,583

ARKANSAS UROLOGY, P.A. PROFIT SHARING PLAN AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARKANSAS UROLOGY, P.A. PROFIT SHARING PLAN AND 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