Retirement plan

ARIZONA GASTROENTEROLOGY, LTD. PROFIT SHARING PLAN AND TRUST AGREEMENT

Name: ARIZONA GASTROENTEROLOGY, LTD. - ARIZONA GASTROENTEROLOGY, LTD. PROFIT SHARING PLAN AND TRUST AGREEMENT (2017) Form 5500
Creator: ARIZONA GASTROENTEROLOGY, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARIZONA GASTROENTEROLOGY, LTD. PROFIT SHARING PLAN AND TRUST AGREEMENT, ARIZONA GASTROENTEROLOGY, LTD.

ARIZONA GASTROENTEROLOGY, LTD.EIN 86-0414347Plan #001PY 2017

7566 N LA CHOLLA BLVD, STE A - TUCSON, AZ 85741520-742-4139azgastroenterology.comLinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$962K assets

Prospect flagsLow returnsHigh feesLow employer contributionRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.7M

-23.4% from 2016

Total participants

118

+29.7% from 2016

Average account balance

$40,209

-63.0% from 2016

Annual return

9.74%

+2.63 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.12M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

230.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$217K

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

+23.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169402

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 5 by compensation

Provider	Service type	Compensation
PINNACLE PLAN DESIGN, LLC1 year Service code 13 · EIN 20-3970947 1985 E. RIVER RD, STE 111 · TUCSON, AZ 85718	Contract Administrator	$15,501
JNJ WEALTH MANAGEMENT GROUP, LLC1 year Service code 17 3567 E. SUNRISE DR. STE 237 · TUCSON, AZ 85718	Pension Consulting	$13,711
TRILOGY CAPITAL INC1 year Filed as: TRILOGY CAPITAL Service code 61 19191 S. VERMONT AVE, STE 400 · TORRANCE, CA 90502	Finders' fees / placement fees	$6,748
METZ & ASSOCIATES PLLC1 year Service code 10 950 W. INDIAN SCHOOL ROAD · PHOENIX, AZ 85013	Accounting	$6,250
EPLAN ADVISORS, LLC1 year Service code 17 · EIN 84-1543749 4300 KITTREDGE ST, STE 100 · DENVER, CO 80239	Pension Consulting	$5,022

Plan features & details

Pension benefit codes2E2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

5 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$37K

$599 / participant

Investment mgmt$14K36.9%
Contract admin$17K46.2%
Other / not subdivided$6K16.8%

% of EOY assets

0.782%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: METZ & ASSOCIATES, PLLC
Auditor EIN: 464558541
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,209

$84,236-52.3%

$170,435-76.4%

$70,126-42.7%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

9.74%

23.06%-13.3pp

205.94%-196.2pp

73.15%-63.4pp

Employer contribution / active EE

$3,387-100.0%

$5,432-100.0%

$2,343-100.0%

Participant deferral / active EE

$1,472

$3,086-52.3%

$4,939-70.2%

$3,332-55.8%

Admin fee / account holder

$315

$5,698-94.5%

$13,881-97.7%

$4,645-93.2%

Provider

Service type

Compensation

PINNACLE PLAN DESIGN, LLC1 year

Service code 13 · EIN 20-3970947

1985 E. RIVER RD, STE 111 · TUCSON, AZ 85718

Contract Administrator

$15,501

JNJ WEALTH MANAGEMENT GROUP, LLC1 year

Service code 17

3567 E. SUNRISE DR. STE 237 · TUCSON, AZ 85718

Pension Consulting

$13,711

TRILOGY CAPITAL INC1 year

Filed as: TRILOGY CAPITAL

Service code 61

19191 S. VERMONT AVE, STE 400 · TORRANCE, CA 90502

Finders' fees / placement fees

$6,748

METZ & ASSOCIATES PLLC1 year

Service code 10

950 W. INDIAN SCHOOL ROAD · PHOENIX, AZ 85013

Accounting

$6,250

EPLAN ADVISORS, LLC1 year

Service code 17 · EIN 84-1543749

4300 KITTREDGE ST, STE 100 · DENVER, CO 80239

Pension Consulting

$5,022

ARIZONA GASTROENTEROLOGY, LTD. PROFIT SHARING PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARIZONA GASTROENTEROLOGY, LTD. PROFIT SHARING PLAN AND TRUST AGREEMENT

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