Retirement plan

U.S. UROLOGY PARTNERS 401(K) AND PROFIT SHARING PLAN

Name: U.S. UROLOGY PARTNERS, LLC - U.S. UROLOGY PARTNERS 401(K) AND PROFIT SHARING PLAN (2024) Form 5500
Creator: U.S. UROLOGY PARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.S. UROLOGY PARTNERS 401(K) AND PROFIT SHARING PLAN, U.S. UROLOGY PARTNERS, LLC

U.S. UROLOGY PARTNERS, LLCEIN 83-2633831Plan #002PY 2024

6688 NOLENSVILLE RD, STE 108, BOX 86 - BRENTWOOD, TN 37027615-819-6089us-uro.comLinkedIn501-1000 employeesventure capital & private equity

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$144M

+75.8% from 2023

Total participants

1,175

+36.6% from 2023

Average account balance

$165,300

+38.1% from 2023

Annual return

94.42%

+77.11 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$143.98M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

871

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.

66.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.38M

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

+94.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$143

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 3 by compensation

Provider	Service type	Compensation
HAUSER RETIREMENT SOLUTIONS 2 LLC2 years Filed as: HAUSER RETIREMENT SOLUTIONS 2, LLC Service code 27 5905 EAST GALBRAITH ROAD · CINCINNATI, OH 45236	Advisory (Plan)	$70,109
NEWPORT GROUP, INC.3+ years Service code 12 · EIN 27-2037969	Account maintenance fees; Claims proc...	$43,281
NEWPORT GROUP, INC.3+ years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$11,251

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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).
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$125K

$136 / participant

Recordkeeping$40K32.2%
Trustee / custodial$11K9.0%
Investment mgmt$70K56.2%
Contract admin$3K2.5%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$165,300

$50,919+224.6%

$155,556+6.3%

$77,762+112.6%

Participation rate

66.9%

63.1%+3.8pp

78.2%-11.3pp

70.6%-3.7pp

Annual return

94.42%

34.84%+59.6pp

64.84%+29.6pp

31.27%+63.2pp

Employer contribution / active EE

$2,220

$1,991+11.5%

$4,675-52.5%

$2,728-18.6%

Participant deferral / active EE

$4,731

$2,824+67.5%

$5,631-16.0%

$4,651+1.7%

Admin fee / account holder

$143

$437-67.2%

$15,885-99.1%

$433-66.9%

Provider

Service type

Compensation

HAUSER RETIREMENT SOLUTIONS 2 LLC2 years

Filed as: HAUSER RETIREMENT SOLUTIONS 2, LLC

Service code 27

5905 EAST GALBRAITH ROAD · CINCINNATI, OH 45236

Advisory (Plan)

$70,109

NEWPORT GROUP, INC.3+ years

Service code 12 · EIN 27-2037969

Account maintenance fees; Claims proc...

$43,281

NEWPORT GROUP, INC.3+ years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$11,251

U.S. UROLOGY PARTNERS 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.S. UROLOGY PARTNERS 401(K) AND 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