Retirement plan

CONSULTANTS IN PAIN MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Name: CONSULTANTS IN PAIN MEDICINE, P.A. - CONSULTANTS IN PAIN MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: CONSULTANTS IN PAIN MEDICINE, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSULTANTS IN PAIN MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST, CONSULTANTS IN PAIN MEDICINE, P.A.

CONSULTANTS IN PAIN MEDICINE, P.A.EIN 74-2734272Plan #001PY 2017

45 NE LOOP 410, SUITE 850 - SAN ANTONIO, TX 78216210-805-9800cipm.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

+5.1% from 2016

Total participants

101

-14.4% from 2016

Average account balance

$71,054

+22.8% from 2016

Annual return

16.75%

+8.39 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.58M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

121

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$726K

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$371

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 3 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 33 · EIN 13-5674085 200 CONCORD PLAZA DR STE 100 · SAN ANTONIO, TX 782166949	Investment management fees paid indir...	$32,527
SCHOLZ & FRIENDS ENLIGHTENED RETIRE2 years Filed as: SCHOLZ & FRIENDS ENLIGHTENED Service code 13 RETIREMENT GROUP INC. · SAN ANTONIO, TX 782091223	Contract Administrator	$3,264
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 COMPANY, INC. · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,008

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

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

$32K

$385 / participant

Investment mgmt$32K100.1%

% of EOY assets

0.445%

all-in expense ratio

Categories reported

1 / 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: PAUL J. FITZGERALD, P.C.
Auditor EIN: 742969628
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,054

$84,236-15.6%

$170,439-58.3%

$70,124+1.3%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

16.75%

23.06%-6.3pp

205.94%-189.2pp

73.14%-56.4pp

Employer contribution / active EE

$5,016

$3,387+48.1%

$5,433-7.7%

$2,342+114.1%

Participant deferral / active EE

$3,206

$3,086+3.9%

$4,939-35.1%

$3,332-3.8%

Admin fee / account holder

$316

$5,698-94.4%

$13,881-97.7%

$4,645-93.2%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 33 · EIN 13-5674085

200 CONCORD PLAZA DR STE 100 · SAN ANTONIO, TX 782166949

Investment management fees paid indir...

$32,527

SCHOLZ & FRIENDS ENLIGHTENED RETIRE2 years

Filed as: SCHOLZ & FRIENDS ENLIGHTENED

Service code 13

RETIREMENT GROUP INC. · SAN ANTONIO, TX 782091223

Contract Administrator

$3,264

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

COMPANY, INC. · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,008

CONSULTANTS IN PAIN MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSULTANTS IN PAIN MEDICINE, P.A. 401(K) PROFIT SHARING PLAN AND TRUST

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