Retirement plan

U.S. IMAGING PARTNERS 401(K) PROFIT SHARING PLAN

Name: U.S. IMAGING PARTNERS, INC. - U.S. IMAGING PARTNERS 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: U.S. IMAGING PARTNERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.S. IMAGING PARTNERS 401(K) PROFIT SHARING PLAN, U.S. IMAGING PARTNERS, INC.

U.S. IMAGING PARTNERS, INC.EIN 82-3626023Plan #001PY 2018

4200 SIX FORKS ROAD, SUITE 1000 - RALEIGH, NC 27609919-763-1100

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$131.3M

-21.2% from 2019

Total participants

494

-16.6% from 2019

Average account balance

$299,746

-8.0% from 2019

Annual return

-3.29%

-29.38 pp from 2019

Benchmarks

See 3,849 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,849 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$571.01M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

4,428

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44.64M

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

+30.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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 10 of 17 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES Service code 26 · EIN 13-2638166	Advisory (Participants)	$96,620
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085	Advisory (Participants)	$45,613
LT TRUST COMPANY1+ years Filed as: U.S. TRUST Service code 26 800 GREEN VALLEY RD, #502 · GREENSBORO, NC 27408	Advisory (Participants)	$24,589
SUNTRUST BANKS, INC.1+ years Filed as: SUNTRUST ADVISORY SERVICES, INC. Service code 26 4777 SHARON ROAD, 2ND FLOOR · CHARLOTTE, NC 28210	Advisory (Participants)	$20,588
NFP RETIREMENT INC1+ years Filed as: NFP SECURITIES Service code 26 51 MEANS AVENUE SE · CONCORD, NC 28025	Advisory (Participants)	$18,083
THE WADSWORTH GROUP1+ years Service code 26 122-A ST. ALBANS LANE · DAVIDSON, NC 28036	Advisory (Participants)	$15,441
CAROLINA CAPITAL CONSULTING, INC1+ years Service code 26 521 E MOREHEAD, SUITE 310 · CHARLOTTE, NC 28202	Advisory (Participants)	$13,062
BRAGG FINANCIAL ADVISORS1+ years Service code 26 1031 SOUTH CALDWELL ST, #200 · CHARLOTTE, NC 28203	Advisory (Participants)	$12,467
BKD, LLP1+ years Filed as: DIXON HUGHES GOODMAN WEALTH ADVISOR Service code 26 4350 CONGRESS STREET, SUITE 925 · CHARLOTTE, NC 28209	Advisory (Participants)	$12,365
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY WEALTH MANAGEMENT Service code 26 14805 N OUTER FORTY ROAD, SUITE 200 · CHESTERFIELD, MO 63017	Advisory (Participants)	$11,164

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$320K

$748 / participant

Investment mgmt$313K97.8%
Other / not subdivided$7K2.2%

% of EOY assets

0.243%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$299,746

$37,203+705.7%

$154,110+94.5%

$55,727+437.9%

Participation rate

86.9%

64.1%+22.8pp

83.0%+3.8pp

70.9%+16.0pp

Annual return

-3.29%

1320.03%-1323.3pp

735.22%-738.5pp

244.94%-248.2pp

Employer contribution / active EE

$17,446

$1,614+980.6%

$5,298+229.3%

$2,078+739.5%

Participant deferral / active EE

$1,675

$2,069-19.0%

$5,081-67.0%

$3,356-50.1%

Admin fee / account holder

$730

$102+617.9%

$13,412-94.6%

$115+533.4%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES

Service code 26 · EIN 13-2638166

Advisory (Participants)

$96,620

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH

Service code 26 · EIN 13-5674085

Advisory (Participants)

$45,613

LT TRUST COMPANY1+ years

Filed as: U.S. TRUST

Service code 26

800 GREEN VALLEY RD, #502 · GREENSBORO, NC 27408

Advisory (Participants)

$24,589

SUNTRUST BANKS, INC.1+ years

Filed as: SUNTRUST ADVISORY SERVICES, INC.

Service code 26

4777 SHARON ROAD, 2ND FLOOR · CHARLOTTE, NC 28210

Advisory (Participants)

$20,588

NFP RETIREMENT INC1+ years

Filed as: NFP SECURITIES

Service code 26

51 MEANS AVENUE SE · CONCORD, NC 28025

Advisory (Participants)

$18,083

THE WADSWORTH GROUP1+ years

Service code 26

122-A ST. ALBANS LANE · DAVIDSON, NC 28036

Advisory (Participants)

$15,441

CAROLINA CAPITAL CONSULTING, INC1+ years

Service code 26

521 E MOREHEAD, SUITE 310 · CHARLOTTE, NC 28202

Advisory (Participants)

$13,062

BRAGG FINANCIAL ADVISORS1+ years

Service code 26

1031 SOUTH CALDWELL ST, #200 · CHARLOTTE, NC 28203

Advisory (Participants)

$12,467

BKD, LLP1+ years

Filed as: DIXON HUGHES GOODMAN WEALTH ADVISOR

Service code 26

4350 CONGRESS STREET, SUITE 925 · CHARLOTTE, NC 28209

Advisory (Participants)

$12,365

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY WEALTH MANAGEMENT

Service code 26

14805 N OUTER FORTY ROAD, SUITE 200 · CHESTERFIELD, MO 63017

Advisory (Participants)

$11,164

U.S. IMAGING PARTNERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.S. IMAGING PARTNERS 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