Retirement plan

KINGS CLINIC AND URGENT CARE, PLLC 401(K) P/S PLAN

Name: KINGS CLINIC AND URGENT CARE, PLLC - KINGS CLINIC AND URGENT CARE, PLLC 401(K) P/S PLAN (2017) Form 5500
Creator: KINGS CLINIC AND URGENT CARE, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINGS CLINIC AND URGENT CARE, PLLC 401(K) P/S PLAN, KINGS CLINIC AND URGENT CARE, PLLC

KINGS CLINIC AND URGENT CARE, PLLCEIN 87-0762669Plan #001PY 2017

407 WEST KING STREET #2 - KINGS MOUNTAIN, NC 28086704-730-8461kingsclinic.orgLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$375K assets

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$260K

+45.3% from 2016

Total participants

+53.3% from 2016

Average account balance

$11,298

-5.2% from 2016

Annual return

11.00%

+1.94 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$767K

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2455

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2D2E2J

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$697 / participant

Other / not subdivided$8K100.0%

% of EOY assets

2.949%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,298

$198,461-94.3%

$170,436-93.4%

$147,585-92.3%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

11.00%

257.30%-246.3pp

205.94%-194.9pp

578.57%-567.6pp

Employer contribution / active EE

$2,815

$6,184-54.5%

$5,433-48.2%

$4,876-42.3%

Participant deferral / active EE

$3,458

$5,629-38.6%

$4,939-30.0%

$5,439-36.4%

Admin fee / account holder

$333

$16,852-98.0%

$13,880-97.6%

$10,885-96.9%

KINGS CLINIC AND URGENT CARE, PLLC 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINGS CLINIC AND URGENT CARE, PLLC 401(K) P/S 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