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 (2018) 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 2018

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

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.7M

-6.1% from 2017

Total participants

209

+14.2% from 2017

Average account balance

$87,947

-21.9% from 2017

Annual return

-4.56%

-19.13 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER4+ years Filed as: PENSION CONSULTANTS, INC. Service code 27 · EIN 43-1685158	Advisory (Plan)	$35,715
CORRELL CO.4+ years Service code 15 · EIN 36-3492086	Recordkeeping	$22,624
RASCO, WINTER & ASSOCIATES1 year Service code 10 · EIN 71-0448488	Accounting	$20,000
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB Service code 27 · EIN 94-1737782	Advisory (Plan)	$10,400
JACKSON SQUARE PARTNERS3 years Filed as: JACKSON Service code 27 · EIN 38-1659835	Advisory (Plan)	$10,005
STEPHENS INC4+ years Filed as: STEPHENS, INC. Service code 27 · EIN 71-0641478	Advisory (Plan)	$4,631

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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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

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

$120K

$863 / participant

Other / not subdivided$120K100.0%

% of EOY assets

0.718%

all-in expense ratio

Categories reported

0 / 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: RASCO, WINTER & ASSOCIATES
Auditor EIN: 710448488
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,947

$47,977+83.3%

$154,111-42.9%

$56,287+56.2%

Participation rate

86.3%

66.2%+20.2pp

83.0%+3.3pp

69.9%+16.5pp

Annual return

-4.56%

3.54%-8.1pp

735.18%-739.7pp

-9.96%+5.4pp

Employer contribution / active EE

$6,888

$2,169+217.6%

$5,298+30.0%

$2,111+226.3%

Participant deferral / active EE

$1,404

$2,392-41.3%

$5,081-72.4%

$3,350-58.1%

Admin fee / account holder

$632

$438+44.1%

$13,411-95.3%

$521+21.3%

Provider

Service type

Compensation

ADP BROKER-DEALER4+ years

Filed as: PENSION CONSULTANTS, INC.

Service code 27 · EIN 43-1685158

Advisory (Plan)

$35,715

CORRELL CO.4+ years

Service code 15 · EIN 36-3492086

Recordkeeping

$22,624

RASCO, WINTER & ASSOCIATES1 year

Service code 10 · EIN 71-0448488

Accounting

$20,000

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB

Service code 27 · EIN 94-1737782

Advisory (Plan)

$10,400

JACKSON SQUARE PARTNERS3 years

Filed as: JACKSON

Service code 27 · EIN 38-1659835

Advisory (Plan)

$10,005

STEPHENS INC4+ years

Filed as: STEPHENS, INC.

Service code 27 · EIN 71-0641478

Advisory (Plan)

$4,631

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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

Reportable transactions (Schedule G)

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