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 (2022) 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 2022

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)

$25M

-10.0% from 2021

Total participants

341

+7.9% from 2021

Average account balance

$82,699

-20.1% from 2021

Annual return

-14.76%

-31.49 pp from 2021

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2022

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 8 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER8+ years Filed as: PENSION CONSULTANTS, INC. Service code 27 · EIN 43-1685158	Advisory (Plan)	$42,238
CORRELL CO.8+ years Service code 15 · EIN 36-3492086	Recordkeeping	$31,548
RASCO, WINTER & ASSOCIATES5 years Service code 10 · EIN 71-0448488	Accounting	$24,000
ALLIANZ GLOBAL INVESTORS4 years Filed as: ALLIANZ LIFE INSURANCE Service code 27 · EIN 41-1366075	Advisory (Plan)	$13,923
CHARLES SCHWAB & CO., INC.8+ years Filed as: CHARLES SCHWAB Service code 27 · EIN 94-1737782	Advisory (Plan)	$13,599
TD AMERITRADE, INC.3 years Filed as: TD AMERITRADE Service code 27 · EIN 20-0937408	Advisory (Plan)	$12,845
JACKSON SQUARE PARTNERS7 years Filed as: JACKSON Service code 27 · EIN 38-1659835	Advisory (Plan)	$10,583
FRIDAY ELDREDGE & CLARK4 years Filed as: FRIDAY, ELDREDGE & CLARK, LLP Service code 16 400 WEST CAPITOL AVE · LITTLE ROCK, AR 72201	Consulting	$8,311

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

$169K

$808 / participant

Investment mgmt$102K60.4%
Other / not subdivided$67K39.6%

% of EOY assets

0.676%

all-in expense ratio

Categories reported

1 / 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

$82,699

$65,083+27.1%

$143,788-42.5%

$66,930+23.6%

Participation rate

81.3%

65.2%+16.1pp

80.3%+1.0pp

69.8%+11.5pp

Annual return

-14.76%

-11.13%-3.6pp

-0.03%-14.7pp

1.57%-16.3pp

Employer contribution / active EE

$7,051

$2,361+198.6%

$4,952+42.4%

$2,545+177.1%

Participant deferral / active EE

$1,432

$2,920-50.9%

$5,638-74.6%

$4,238-66.2%

Admin fee / account holder

$559

$502+11.3%

$14,675-96.2%

$593-5.7%

Provider

Service type

Compensation

ADP BROKER-DEALER8+ years

Filed as: PENSION CONSULTANTS, INC.

Service code 27 · EIN 43-1685158

Advisory (Plan)

$42,238

CORRELL CO.8+ years

Service code 15 · EIN 36-3492086

Recordkeeping

$31,548

RASCO, WINTER & ASSOCIATES5 years

Service code 10 · EIN 71-0448488

Accounting

$24,000

ALLIANZ GLOBAL INVESTORS4 years

Filed as: ALLIANZ LIFE INSURANCE

Service code 27 · EIN 41-1366075

Advisory (Plan)

$13,923

CHARLES SCHWAB & CO., INC.8+ years

Filed as: CHARLES SCHWAB

Service code 27 · EIN 94-1737782

Advisory (Plan)

$13,599

TD AMERITRADE, INC.3 years

Filed as: TD AMERITRADE

Service code 27 · EIN 20-0937408

Advisory (Plan)

$12,845

JACKSON SQUARE PARTNERS7 years

Filed as: JACKSON

Service code 27 · EIN 38-1659835

Advisory (Plan)

$10,583

FRIDAY ELDREDGE & CLARK4 years

Filed as: FRIDAY, ELDREDGE & CLARK, LLP

Service code 16

400 WEST CAPITOL AVE · LITTLE ROCK, AR 72201

Consulting

$8,311

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