Retirement plan

PALO VERDE HEMATOLOGY ONCOLOGY 401(K) PROFIT SHARING PLAN & TRUST

Name: PALO VERDE HEMATOLOGY ONCOLOGY, LTD. - PALO VERDE HEMATOLOGY ONCOLOGY 401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: PALO VERDE HEMATOLOGY ONCOLOGY, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALO VERDE HEMATOLOGY ONCOLOGY 401(K) PROFIT SHARING PLAN & TRUST, PALO VERDE HEMATOLOGY ONCOLOGY, LTD.

PALO VERDE HEMATOLOGY ONCOLOGY, LTD.EIN 86-0416050Plan #001PY 2016

5601 W. EUGIE AVE., SUITE 106 - GLENDALE, AZ 853041256602-978-6255LinkedIn51-200 employeesmedical practice

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.6M

No prior year

Total participants

151

No prior year

Average account balance

$46,538

No prior year

Annual return

12.22%

No prior year

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.61M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

188

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.

57.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+38.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$499

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
NATIONWIDE2+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 12 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator; Claims proces...	$4,431
PENSION ASSURANCE LLP2+ years Filed as: PENSION PLANNING CONSULTANTS,INC. Service code 13 · EIN 85-0402842 6201 UPTOWN BLVD. NE · ALBUQUERQUE, NM 871104150	Contract Administrator	$3,974
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE Service code 22 4211 S. 102ND ST. · OMAHA, NE 68127	Insurance Broker	$20

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

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

$8K

$68 / participant

Contract admin$4K52.6%
Other / not subdivided$4K47.4%

% of EOY assets

0.235%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,538

$46,732-0.4%

$156,551-70.3%

$55,167-15.6%

Participation rate

40.3%

65.8%-25.5pp

84.0%-43.7pp

69.0%-28.7pp

Annual return

12.22%

17.72%-5.5pp

32.23%-20.0pp

169.23%-157.0pp

Employer contribution / active EE

$1,485

$2,105-29.4%

$5,501-73.0%

$1,963-24.3%

Participant deferral / active EE

$2,585

$2,204+17.3%

$4,871-46.9%

$3,054-15.4%

Admin fee / account holder

$109

$418-73.8%

$13,028-99.2%

$504-78.3%

Provider

Service type

Compensation

NATIONWIDE2+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 12 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator; Claims proces...

$4,431

PENSION ASSURANCE LLP2+ years

Filed as: PENSION PLANNING CONSULTANTS,INC.

Service code 13 · EIN 85-0402842

6201 UPTOWN BLVD. NE · ALBUQUERQUE, NM 871104150

Contract Administrator

$3,974

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE

Service code 22

4211 S. 102ND ST. · OMAHA, NE 68127

Insurance Broker

$20

PALO VERDE HEMATOLOGY ONCOLOGY 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALO VERDE HEMATOLOGY ONCOLOGY 401(K) PROFIT SHARING PLAN & TRUST

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