Retirement plan

UROLOGY CLINICS OF NORTH TEXAS, PLLC 401(K) PROFIT SHARING PLAN

Name: UROLOGY CLINICS OF NORTH TEXAS, PLL - UROLOGY CLINICS OF NORTH TEXAS, PLLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: UROLOGY CLINICS OF NORTH TEXAS, PLL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UROLOGY CLINICS OF NORTH TEXAS, PLLC 401(K) PROFIT SHARING PLAN, UROLOGY CLINICS OF NORTH TEXAS, PLL

UROLOGY CLINICS OF NORTH TEXAS, PLLEIN 75-2788839Plan #001PY 2016

8230 WALNUT HILL LANE, SUITE 700 - DALLAS, TX 75231214-691-1902urologyclinics.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$40.4M

+0.4% from 2015

Total participants

271

0.0% from 2015

Average account balance

$162,848

+9.7% from 2015

Annual return

7.81%

+8.35 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.50M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

444

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$441

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 4 by compensation

Provider	Service type	Compensation
NEUBERGER BERMAN2+ years Service code 27 · EIN 13-5521910	Advisory (Plan)	$86,242
VOGEL FINANCIAL ADVISORS2+ years Service code 26 12400 COIT ROAD · DALLAS, TX 75251	Advisory (Participants)	$24,141
LANE GORMAN TRUBITT, PLLC1 year Filed as: LANE GORMAN TRUBITT Service code 15 2626 HOWELL ST. SEVENTH FLR. · DALLAS, TX 75204	Recordkeeping	$21,139
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH WEALTH MANAGEMENT Service code 26 RSA GROUP · NEW YORK, NY 10036	Advisory (Participants)	$8,611

Plan features & details

Pension benefit codes2A2E2F2J2R2T

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).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$166K

$925 / participant

Other / not subdivided$166K100.0%

% of EOY assets

0.410%

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: MALNORY, MCNEAL & COMPANY
Auditor EIN: 752510320
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,848

$46,732+248.5%

$156,551+4.0%

$55,167+195.2%

Participation rate

87.2%

65.8%+21.4pp

84.0%+3.1pp

69.0%+18.2pp

Annual return

7.81%

17.72%-9.9pp

32.23%-24.4pp

169.23%-161.4pp

Employer contribution / active EE

$7,837

$2,105+272.3%

$5,501+42.5%

$1,963+299.3%

Participant deferral / active EE

$4,959

$2,204+125.0%

$4,871+1.8%

$3,054+62.4%

Admin fee / account holder

$667

$418+59.5%

$13,028-94.9%

$504+32.5%

Provider

Service type

Compensation

NEUBERGER BERMAN2+ years

Service code 27 · EIN 13-5521910

Advisory (Plan)

$86,242

VOGEL FINANCIAL ADVISORS2+ years

Service code 26

12400 COIT ROAD · DALLAS, TX 75251

Advisory (Participants)

$24,141

LANE GORMAN TRUBITT, PLLC1 year

Filed as: LANE GORMAN TRUBITT

Service code 15

2626 HOWELL ST. SEVENTH FLR. · DALLAS, TX 75204

Recordkeeping

$21,139

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH WEALTH MANAGEMENT

Service code 26

RSA GROUP · NEW YORK, NY 10036

Advisory (Participants)

$8,611

UROLOGY CLINICS OF NORTH TEXAS, PLLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UROLOGY CLINICS OF NORTH TEXAS, PLLC 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