Retirement plan

THE HEART VASCULAR CENTER OF SARASOTA, INC. 401(K) PROFIT SHARING PLAN

Name: THE HEART & VASCULAR CENTER OF SARASOTA, INC. - THE HEART VASCULAR CENTER OF SARASOTA, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: THE HEART & VASCULAR CENTER OF SARASOTA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HEART VASCULAR CENTER OF SARASOTA, INC. 401(K) PROFIT SHARING PLAN, THE HEART & VASCULAR CENTER OF SARASOTA, INC.

THE HEART & VASCULAR CENTER OF SARASOTA, INC.EIN 75-3072541Plan #003PY 2015

1851 HAWTHORNE STREET - SARASOTA, FL 34239941-365-0433heartcenter.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$744K assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$336K

No prior year

Total participants

No prior year

Average account balance

$19,767

No prior year

Annual return

-3.87%

No prior year

Benchmarks

See 102,328 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,328 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.67M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$198K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3540

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 codes2E2F2J3D

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).
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$3K

$165 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.786%

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

$19,767

$168,635-88.3%

$147,617-86.6%

$125,389-84.2%

Participation rate

100.0%

88.8%+11.2pp

84.6%+15.4pp

83.2%+16.8pp

Annual return

-3.87%

77.65%-81.5pp

61.98%-65.8pp

282.24%-286.1pp

Employer contribution / active EE

$3,078

$6,252-50.8%

$5,564-44.7%

$4,866-36.7%

Participant deferral / active EE

$5,996

$5,507+8.9%

$4,895+22.5%

$5,352+12.0%

Admin fee / account holder

$155

$13,580-98.9%

$11,612-98.7%

$9,541-98.4%

THE HEART VASCULAR CENTER OF SARASOTA, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HEART VASCULAR CENTER OF SARASOTA, INC. 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