Retirement plan

UROLOGY SAN ANTONIO, P.A. 401(K) PROFIT SHARING PLAN

Name: UROLOGY SAN ANTONIO, P.A. - UROLOGY SAN ANTONIO, P.A. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: UROLOGY SAN ANTONIO, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UROLOGY SAN ANTONIO, P.A. 401(K) PROFIT SHARING PLAN, UROLOGY SAN ANTONIO, P.A.

UROLOGY SAN ANTONIO, P.A.EIN 74-2719352Plan #001PY 2015

7909 FREDERICKSBURG ROAD, SUITE 110 - SAN ANTONIO, TX 78229210-731-2050urologysanantonio.comLinkedIn201-500 employeesmedical practice

Prospect flagsLow returnsHigh feesHigh cash

How to read this page

Total assets (EOY)

$21.1M

No prior year

Total participants

184

No prior year

Average account balance

$118,729

No prior year

Annual return

-2.59%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.45M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

281

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

$3.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$370

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 2 by compensation

Provider	Service type	Compensation
RETIREMENT HORIZONS INC.1+ years Service code 37 2201 TIMBERLOCH PLACE, SUITE 150 · THE WOODLANDS, TX 77380	Loan Processing	$25,960
MORGAN STANLEY SMITH BARNEY1+ years Service code 27 755 EAST MULBERRY, SUITE 300 · SAN ANTONIO, TX 782322246	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

3 tripped

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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$227K

$1336 / participant

Investment mgmt$200K87.9%
Contract admin$26K11.4%
Other / not subdivided$1K0.6%

% of EOY assets

1.075%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PAUL J. FITZGERALD, PC
Auditor EIN: 742969628
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$118,729

$46,360+156.1%

$147,617-19.6%

$52,331+126.9%

Participation rate

96.5%

64.9%+31.5pp

84.6%+11.8pp

68.1%+28.4pp

Annual return

-2.59%

1.62%-4.2pp

61.98%-64.6pp

4.54%-7.1pp

Employer contribution / active EE

$7,337

$2,126+245.1%

$5,564+31.9%

$1,882+289.9%

Participant deferral / active EE

$2,310

$2,258+2.3%

$4,895-52.8%

$3,022-23.6%

Admin fee / account holder

$1,276

$766+66.7%

$11,612-89.0%

$592+115.7%

Provider

Service type

Compensation

RETIREMENT HORIZONS INC.1+ years

Service code 37

2201 TIMBERLOCH PLACE, SUITE 150 · THE WOODLANDS, TX 77380

Loan Processing

$25,960

MORGAN STANLEY SMITH BARNEY1+ years

Service code 27

755 EAST MULBERRY, SUITE 300 · SAN ANTONIO, TX 782322246

Advisory (Plan)

UROLOGY SAN ANTONIO, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UROLOGY SAN ANTONIO, P.A. 401(K) PROFIT SHARING 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