Retirement plan

GASTROENTEROLOGY CONSULTANTS AND NEVADA ENDOSCOPY MANAGEMENT 401(K) PROFIT SHARING PLAN

Name: GASTROENTEROLOGY CONSULTANTS LTD AND NEVADA ENDOSCOPY MANAGEMENT INC - GASTROENTEROLOGY CONSULTANTS AND NEVADA ENDOSCOPY MANAGEMENT 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: GASTROENTEROLOGY CONSULTANTS LTD AND NEVADA ENDOSCOPY MANAGEMENT INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GASTROENTEROLOGY CONSULTANTS AND NEVADA ENDOSCOPY MANAGEMENT 401(K) PROFIT SHARING PLAN, GASTROENTEROLOGY CONSULTANTS LTD AND NEVADA ENDOSCOPY MANAGEMENT INC

GASTROENTEROLOGY CONSULTANTS LTD AND NEVADA ENDOSCOPY MANAGEMENT INCEIN 88-0182841Plan #002PY 2017

880 RYLAND ST. - RENO, NV 895021603775-329-4600giconsultants.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$23.2M

+13.1% from 2016

Total participants

198

+16.5% from 2016

Average account balance

$116,974

-3.5% from 2016

Annual return

13.54%

+7.14 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.02M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

162

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$823K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$214

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 6 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS Service code 27 82 DEVONSHIRE STREET · BOSTON, MA 02109	Advisory (Plan)	$14,215
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY Service code 27 WESTCHESTER AVENUE · PURCHASE, NY 10577	Advisory (Plan)	$11,325
TCI WEALTH ADVISORS INC1 year Filed as: TCI WEALTH ADVISORS Service code 27 4011 E SUNRISE DR · TUCSON, AZ 85718	Advisory (Plan)	$9,464
KCM INVESTMENT ADVISORS LLC1 year Filed as: KCM INVESTMENT ADVISORS Service code 27 750 LINDARO ST STE 350 · SAN RAFAEL, CA 94901	Advisory (Plan)	$8,535
AMERIPRISE FINANCIAL SERVICES INC1 year Service code 27 70100 AMERIPRISE FINACNIAL CENTER · MINNEAPOLIS, MN 55474	Advisory (Plan)	$8,161
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS, LLC Service code 27 1 N. JEFFERSON · ST LOUIS, MO 63103	Advisory (Plan)	$5,749

Plan features & details

Pension benefit codes2A2E2F2J2K2R3D3H2G

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$61K

$445 / participant

Contract admin$61K100.0%

% of EOY assets

0.263%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CAMPBELL TAYLOR & COMPANY
Auditor EIN: 680251243
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,974

$55,453+110.9%

$170,435-31.4%

$62,293+87.8%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

13.54%

21.38%-7.8pp

205.94%-192.4pp

28.90%-15.4pp

Employer contribution / active EE

$6,134

$2,164+183.5%

$5,432+12.9%

$2,042+200.3%

Participant deferral / active EE

$4,986

$2,303+116.5%

$4,939+0.9%

$3,169+57.3%

Admin fee / account holder

$308

$455-32.3%

$13,881-97.8%

$479-35.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS

Service code 27

82 DEVONSHIRE STREET · BOSTON, MA 02109

Advisory (Plan)

$14,215

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY

Service code 27

WESTCHESTER AVENUE · PURCHASE, NY 10577

Advisory (Plan)

$11,325

TCI WEALTH ADVISORS INC1 year

Filed as: TCI WEALTH ADVISORS

Service code 27

4011 E SUNRISE DR · TUCSON, AZ 85718

Advisory (Plan)

$9,464

KCM INVESTMENT ADVISORS LLC1 year

Filed as: KCM INVESTMENT ADVISORS

Service code 27

750 LINDARO ST STE 350 · SAN RAFAEL, CA 94901

Advisory (Plan)

$8,535

AMERIPRISE FINANCIAL SERVICES INC1 year

Service code 27

70100 AMERIPRISE FINACNIAL CENTER · MINNEAPOLIS, MN 55474

Advisory (Plan)

$8,161

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS, LLC

Service code 27

1 N. JEFFERSON · ST LOUIS, MO 63103

Advisory (Plan)

$5,749

GASTROENTEROLOGY CONSULTANTS AND NEVADA ENDOSCOPY MANAGEMENT 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GASTROENTEROLOGY CONSULTANTS AND NEVADA ENDOSCOPY MANAGEMENT 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