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 (2023) 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 2023

7211 HALEY INDUSTRIAL DRIVE, STE 200 - NOLENSVILLE, TN 37135615-395-5617us-uro.comLinkedIn501-1000 employeesventure capital & private equity

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$81.9M

+11.3% from 2022

Total participants

860

+0.8% from 2022

Average account balance

$119,726

+10.0% from 2022

Annual return

17.32%

-55.96 pp from 2022

Benchmarks

See 4,036 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,036 peers

Snapshot2023

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 LLC1 year Filed as: HAUSER RETIREMENT SOLUTIONS 2, LLC Service code 27 5905 EAST GALBRAITH ROAD · CINCINNATI, OH 45236	Advisory (Plan)	$79,891
NEWPORT GROUP, INC.2+ years Service code 12 · EIN 27-2037969	Claims processing; Distribution (12b-...	$35,023
NEWPORT GROUP, INC.2+ years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$17,499

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

2 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).

Expense breakdown

Schedule H Part II

Admin total

$134K

$246 / participant

Recordkeeping$25K18.7%
Trustee / custodial$17K13.1%
Investment mgmt$80K59.8%
Legal$1K0.9%
Contract admin$10K7.5%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

5 / 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

$119,726

$47,180+153.8%

$149,723-20.0%

$74,473+60.8%

Participation rate

67.6%

63.4%+4.2pp

78.8%-11.1pp

70.7%-3.1pp

Annual return

17.32%

22.75%-5.4pp

134.50%-117.2pp

34.36%-17.0pp

Employer contribution / active EE

$1,896

$1,907-0.6%

$4,821-60.7%

$2,638-28.1%

Participant deferral / active EE

$4,941

$2,730+81.0%

$5,682-13.1%

$4,530+9.1%

Admin fee / account holder

$195

$343-43.1%

$13,215-98.5%

$347-43.7%

Provider

Service type

Compensation

HAUSER RETIREMENT SOLUTIONS 2 LLC1 year

Filed as: HAUSER RETIREMENT SOLUTIONS 2, LLC

Service code 27

5905 EAST GALBRAITH ROAD · CINCINNATI, OH 45236

Advisory (Plan)

$79,891

NEWPORT GROUP, INC.2+ years

Service code 12 · EIN 27-2037969

Claims processing; Distribution (12b-...

$35,023

NEWPORT GROUP, INC.2+ years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$17,499

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