Retirement plan

THE ASSOCIATION OF UNIVERSITY PHYSICIANS PENSION PLAN

Name: THE ASSOCIATION OF UNIVERSITY PHYSICIANS - THE ASSOCIATION OF UNIVERSITY PHYSICIANS PENSION PLAN (2021) Form 5500
Creator: THE ASSOCIATION OF UNIVERSITY PHYSICIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASSOCIATION OF UNIVERSITY PHYSICIANS PENSION PLAN, THE ASSOCIATION OF UNIVERSITY PHYSICIANS

THE ASSOCIATION OF UNIVERSITY PHYSICIANSEIN 91-1220843Plan #001PY 2021

701 5TH AVENUE, SUITE 700 - SEATTLE, WA 98104206-520-5778LinkedIn1001-5000 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$225.4M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$445.8M

-9.0% from 2016

Total participants

3,927

-8.0% from 2016

Average account balance

$143,388

-2.5% from 2016

Annual return

13.92%

-5.29 pp from 2016

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$499.33M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

3,479

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.

72.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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
FID INV INST OPS CO7+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$150,025
USI CONSULTING GROUP3 years Filed as: USI ADVISORS Service code 27 · EIN 06-1397347	Advisory (Plan)	$331
FID INV INST OPS CO6 years Filed as: FID INV INSTL OPS CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2A2C2F2G2R2T3F

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).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$150K

$57 / participant

Contract admin$3310.2%
Other / not subdivided$150K99.8%

% of EOY assets

0.034%

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: CLARK NUBER, PS
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$143,388

$67,512+112.4%

$185,854-22.8%

$93,010+54.2%

Participation rate

68.9%

67.1%+1.8pp

81.7%-12.8pp

73.9%-5.0pp

Annual return

13.92%

21.04%-7.1pp

122.12%-108.2pp

158.70%-144.8pp

Employer contribution / active EE

$6,864

$1,783+284.9%

$5,169+32.8%

$2,705+153.7%

Participant deferral / active EE

$3,035-100.0%

$5,569-100.0%

$4,561-100.0%

Admin fee / account holder

$48

$318-84.8%

$16,246-99.7%

$152-68.1%

Provider

Service type

Compensation

FID INV INST OPS CO7+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$150,025

USI CONSULTING GROUP3 years

Filed as: USI ADVISORS

Service code 27 · EIN 06-1397347

Advisory (Plan)

$331

FID INV INST OPS CO6 years

Filed as: FID INV INSTL OPS CO

Service code 60

Sub-TA Fees

THE ASSOCIATION OF UNIVERSITY PHYSICIANS PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASSOCIATION OF UNIVERSITY PHYSICIANS PENSION 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