Retirement plan

TANDIGM PHYSICIAN SERVICES, LLC 401(K) PROFIT SHARING PLAN

Name: TANDIGM PHYSICIAN SERVICES, LLC - TANDIGM PHYSICIAN SERVICES, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: TANDIGM PHYSICIAN SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TANDIGM PHYSICIAN SERVICES, LLC 401(K) PROFIT SHARING PLAN, TANDIGM PHYSICIAN SERVICES, LLC

TANDIGM PHYSICIAN SERVICES, LLCEIN 85-2543447Plan #001PY 2020

412 CREAMERY WAY, SUITE 400 - EXTON, PA 19341610-594-7590LinkedIn1-10 employeesprogram development

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.2M

No prior year

Total participants

293

No prior year

Average account balance

$72,401

No prior year

Annual return

14.28%

No prior year

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.10M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

372

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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 5 by compensation

Provider	Service type	Compensation
SAGEPOINT FINANCIAL INC1+ years Filed as: FSC SECURITIES CORP Service code 27 3585 ATLANTA AVE. · HAPEVILLE, GA 30354	Advisory (Plan)	$31,821
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$18,798
BUCKNO LISICKY & COMPANY1+ years Service code 10 · EIN 23-2426656 TWO CITY CENTER · ALLENTOWN, PA 18101	Accounting	$13,865
WHARTON HILL ADVISORS1+ years Filed as: WHARTON BUSINESS GROUP Service code 27 110 N. PHOENIXVILLE PK · MALVERN, PA 19355	Advisory (Plan)	$10,792
NATIONAL ADMINISTRATION, INC.1+ years Service code 15 · EIN 39-1967492 878 W. AIRPORT RD. · MENASHA, WI 54952	Recordkeeping	$9,985

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$86K

$374 / participant

Contract admin$86K100.0%

% of EOY assets

0.403%

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: BUCKNO LISICKY & COMPANY
Auditor EIN: 232426656
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,401

$58,895+22.9%

$178,503-59.4%

$73,497-1.5%

Participation rate

100.0%

66.2%+33.8pp

81.9%+18.1pp

70.7%+29.3pp

Annual return

14.28%

24.86%-10.6pp

151.12%-136.8pp

28.51%-14.2pp

Employer contribution / active EE

$2,392

$2,236+7.0%

$5,011-52.3%

$2,270+5.4%

Participant deferral / active EE

$5,228

$2,567+103.7%

$5,202+0.5%

$3,740+39.8%

Admin fee / account holder

$292

$400-27.1%

$13,987-97.9%

$513-43.1%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC1+ years

Filed as: FSC SECURITIES CORP

Service code 27

3585 ATLANTA AVE. · HAPEVILLE, GA 30354

Advisory (Plan)

$31,821

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$18,798

BUCKNO LISICKY & COMPANY1+ years

Service code 10 · EIN 23-2426656

TWO CITY CENTER · ALLENTOWN, PA 18101

Accounting

$13,865

WHARTON HILL ADVISORS1+ years

Filed as: WHARTON BUSINESS GROUP

Service code 27

110 N. PHOENIXVILLE PK · MALVERN, PA 19355

Advisory (Plan)

$10,792

NATIONAL ADMINISTRATION, INC.1+ years

Service code 15 · EIN 39-1967492

878 W. AIRPORT RD. · MENASHA, WI 54952

Recordkeeping

$9,985

TANDIGM PHYSICIAN SERVICES, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TANDIGM PHYSICIAN SERVICES, LLC 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