Retirement plan

CROUSE MEDICAL PRACTICE, PLLC 401(K) PLAN

Name: CROUSE MEDICAL PRACTICE, PLLC - CROUSE MEDICAL PRACTICE, PLLC 401(K) PLAN (2017) Form 5500
Creator: CROUSE MEDICAL PRACTICE, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CROUSE MEDICAL PRACTICE, PLLC 401(K) PLAN, CROUSE MEDICAL PRACTICE, PLLC

CROUSE MEDICAL PRACTICE, PLLCEIN 80-0548096Plan #001PY 2017

739 IRVING AVE - SYRACUSE, NY 13210315-479-5070crousemed.comLinkedIn201-500 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$16.8M

+23.9% from 2016

Total participants

331

+13.4% from 2016

Average account balance

$77,376

+13.0% from 2016

Annual return

19.51%

+4.47 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.49M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

597

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.

95.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+19.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33

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
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$1,043
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA RETIREMENT INS & ANNUITY CO Service code 26 · EIN 71-0294708	Advisory (Participants)	$1,043
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 49 · EIN 26-4310632	Other Services	$238
MORGAN STANLEY SMITH BARNEY1 year Filed as: MOEGAN STANLEY SMITH BARNEY Service code 49	Other Services	$14

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$18 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.028%

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: FREED MAXICK CPAS, P.C.
Auditor EIN: 454051133
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,376

$46,173+67.6%

$170,435-54.6%

$69,631+11.1%

Participation rate

56.7%

63.9%-7.2pp

83.6%-26.9pp

70.7%-14.0pp

Annual return

19.51%

21.62%-2.1pp

205.94%-186.4pp

27571.02%-27551.5pp

Employer contribution / active EE

$2,115

$1,610+31.4%

$5,432-61.1%

$2,032+4.1%

Participant deferral / active EE

$4,278

$2,080+105.6%

$4,939-13.4%

$3,224+32.7%

Admin fee / account holder

$22

$116-81.4%

$13,881-99.8%

$110-80.4%

Provider

Service type

Compensation

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$1,043

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA RETIREMENT INS & ANNUITY CO

Service code 26 · EIN 71-0294708

Advisory (Participants)

$1,043

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 49 · EIN 26-4310632

Other Services

$238

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MOEGAN STANLEY SMITH BARNEY

Service code 49

Other Services

$14

CROUSE MEDICAL PRACTICE, PLLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CROUSE MEDICAL PRACTICE, PLLC 401(K) 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