Retirement plan

SWEETGRASS PEDIATRICS 401(K) PLAN

Name: SWEETGRASS PEDIATRICS - SWEETGRASS PEDIATRICS 401(K) PLAN (2019) Form 5500
Creator: SWEETGRASS PEDIATRICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWEETGRASS PEDIATRICS 401(K) PLAN, SWEETGRASS PEDIATRICS

SWEETGRASS PEDIATRICSEIN 81-0568231Plan #001PY 2019

2016 1ST AVENUE - SUMMERVILLE, SC 29486843-873-4545sweetgrasspediatrics.comLinkedIn51-200 employeesmedical practice

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.6M

No prior year

Total participants

127

No prior year

Average account balance

$30,215

No prior year

Annual return

24.91%

No prior year

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.31M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$722K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1510

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

Top 4 by compensation

Provider	Service type	Compensation
MAXUS PLAN SOLUTIONS1+ years Service code 15 · EIN 45-4012897 13850 BALLANTYNE CORPORATE PL · CHARLOTTE, NC 28277	Recordkeeping	$13,406
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA FINANCIAL LIFE INS CO. Service code 15 · EIN 36-6071399	Recordkeeping	$12,053
PENTEGRA SERVICES, INC.1+ years Filed as: PENTEGRA RETIREMENT SERVICES Service code 15 5350 77 CENTER DRIVE STE 200 · CHARLOTTE, NC 12345	Recordkeeping	$1,166
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 4804 DEER LAKE DR, E 5TH FLOOR · JACKSONVILLE, FL 33246	Insurance Broker	$876

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

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

$27K

$251 / participant

Contract admin$27K100.0%

% of EOY assets

0.734%

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: SWEENEY CONRAD, P.S.
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,215

$52,967-43.0%

$172,753-82.5%

$65,186-53.6%

Participation rate

93.4%

66.2%+27.2pp

82.6%+10.8pp

70.2%+23.2pp

Annual return

24.91%

30.12%-5.2pp

803.00%-778.1pp

29.39%-4.5pp

Employer contribution / active EE

$1,580

$2,190-27.9%

$5,144-69.3%

$2,177-27.4%

Participant deferral / active EE

$3,998

$2,471+61.8%

$5,198-23.1%

$3,514+13.8%

Admin fee / account holder

$222

$472-53.0%

$13,956-98.4%

$847-73.8%

Provider

Service type

Compensation

MAXUS PLAN SOLUTIONS1+ years

Service code 15 · EIN 45-4012897

13850 BALLANTYNE CORPORATE PL · CHARLOTTE, NC 28277

Recordkeeping

$13,406

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA FINANCIAL LIFE INS CO.

Service code 15 · EIN 36-6071399

Recordkeeping

$12,053

PENTEGRA SERVICES, INC.1+ years

Filed as: PENTEGRA RETIREMENT SERVICES

Service code 15

5350 77 CENTER DRIVE STE 200 · CHARLOTTE, NC 12345

Recordkeeping

$1,166

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH

Service code 22 · EIN 13-2808480

4804 DEER LAKE DR, E 5TH FLOOR · JACKSONVILLE, FL 33246

Insurance Broker

$876

SWEETGRASS PEDIATRICS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWEETGRASS PEDIATRICS 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