Retirement plan

APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC PROFIT SHARING PLAN

Name: APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC - APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC PROFIT SHARING PLAN (2018) Form 5500
Creator: APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC PROFIT SHARING PLAN, APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC

APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLCEIN 90-0659834Plan #001PY 2018

5800 LANDERBROOK DRIVE, SUITE 200 - MAYFIELD HEIGHTS, OH 44124440-352-7546

Other plans on this EIN

1 filing

#002Retirement-$2K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+4.9% from 2017

Total participants

-9.9% from 2017

Average account balance

$24,761

+16.0% from 2017

Annual return

-7.34%

-70.85 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.80M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

165

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.

47.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$188K

$3299 / participant

Other / not subdivided$188K100.0%

% of EOY assets

9.994%

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

$24,761

$75,962-67.4%

$154,111-83.9%

$64,173-61.4%

Participation rate

89.5%

70.4%+19.1pp

83.0%+6.4pp

69.6%+19.9pp

Annual return

-7.34%

30.32%-37.7pp

735.18%-742.5pp

7.63%-15.0pp

Employer contribution / active EE

$5,124

$3,350+53.0%

$5,298-3.3%

$2,381+115.2%

Participant deferral / active EE

$2,027

$3,175-36.1%

$5,081-60.1%

$3,470-41.6%

Admin fee / account holder

$2,475

$5,589-55.7%

$13,411-81.5%

$4,887-49.4%

APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APEX DERMATOLOGY AND SKIN SURGERY CENTER, LLC 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