Retirement plan

SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 401(K) PROFIT SHARING PLAN

Name: SPOKANE EYE CLINIC PS - SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: SPOKANE EYE CLINIC PS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 401(K) PROFIT SHARING PLAN, SPOKANE EYE CLINIC PS

SPOKANE EYE CLINIC PSEIN 91-0852217Plan #001PY 2018

427 SOUTH BERNARD STREET - SPOKANE, WA 99204509-456-0107LinkedIn1-10 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$25.9M

+0.4% from 2017

Total participants

304

+8.6% from 2017

Average account balance

$85,125

-7.5% from 2017

Annual return

9.56%

-2.09 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.06M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

411

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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 5 by compensation

Provider	Service type	Compensation
WASHINGTON TRUST BANK3+ years Service code 99 717 W SPRAGUE AVE · SPOKANE, WA 99201	Other Fees	$32,295
ESTATE & PENSION ADVISORY BOARD3+ years Filed as: ESTATE STRATEGIES, INC. Service code 26 421 W RIVERSIDE AVE STE 972 · SPOKANE, WA 992010402	Advisory (Participants)	$12,805
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$11,945
WAYPOINT CAPITAL ADVISORS LLC1 year Filed as: WAYPOINT WEALTH MANAGEMENT Service code 26 PO BOX 10114 · KETCHUM, ID 83353	Advisory (Participants)	$6,665
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 26 41 WEST RIVERSIDE AVE · SPOKANE, WA 99201	Advisory (Participants)	$5,504

Plan features & details

Pension benefit codes2E2J2F2G2R3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$84K

$371 / participant

Investment mgmt$84K100.0%

% of EOY assets

0.324%

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: SCHOEDEL & SCHOEDEL, CPAS PLLC
Auditor EIN: 910614823
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,125

$47,977+77.4%

$154,108-44.8%

$56,289+51.2%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

9.56%

3.54%+6.0pp

735.21%-725.6pp

-9.96%+19.5pp

Employer contribution / active EE

$5,126

$2,169+136.4%

$5,298-3.2%

$2,111+142.8%

Participant deferral / active EE

$4,303

$2,392+79.9%

$5,081-15.3%

$3,350+28.4%

Admin fee / account holder

$276

$438-37.1%

$13,411-97.9%

$521-47.1%

Provider

Service type

Compensation

WASHINGTON TRUST BANK3+ years

Service code 99

717 W SPRAGUE AVE · SPOKANE, WA 99201

Other Fees

$32,295

ESTATE & PENSION ADVISORY BOARD3+ years

Filed as: ESTATE STRATEGIES, INC.

Service code 26

421 W RIVERSIDE AVE STE 972 · SPOKANE, WA 992010402

Advisory (Participants)

$12,805

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$11,945

WAYPOINT CAPITAL ADVISORS LLC1 year

Filed as: WAYPOINT WEALTH MANAGEMENT

Service code 26

PO BOX 10114 · KETCHUM, ID 83353

Advisory (Participants)

$6,665

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 26

41 WEST RIVERSIDE AVE · SPOKANE, WA 99201

Advisory (Participants)

$5,504

SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 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