Retirement plan

OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC PROFIT

Name: OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC - OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC PROFIT (2016) Form 5500
Creator: OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC PROFIT, OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC

OPHTHALMOLOGY ASSOCIATES OF BENTON PLLCEIN 71-0813685Plan #001PY 2016

4504 BURROW DRIVE - NORTH LITTLE ROCK, AR 72116501-315-4999bentoneyeclinic.comLinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+19.1% from 2015

Total participants

0.0% from 2015

Average account balance

$87,925

+19.1% from 2015

Annual return

16.80%

+20.86 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.54M

Not enough data

1 years with asset history on file

Average account balance

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

$424K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+3.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20070

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 codes2E2H2J2R2E

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.

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

$49K

$3764 / participant

Other / not subdivided$49K100.0%

% of EOY assets

4.281%

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

$87,925

$181,896-51.7%

$156,551-43.8%

$273,972-67.9%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

16.80%

30.74%-13.9pp

32.23%-15.4pp

41.46%-24.7pp

Employer contribution / active EE

$1,504

$6,248-75.9%

$5,501-72.7%

$4,869-69.1%

Participant deferral / active EE

$3,311

$5,550-40.3%

$4,871-32.0%

$5,287-37.4%

Admin fee / account holder

$3,764

$15,560-75.8%

$13,028-71.1%

$10,133-62.9%

OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC PROFIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPHTHALMOLOGY ASSOCIATES OF BENTON PLLC PROFIT

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