Retirement plan

PACIFIC CATARACT AND LASER INSTITUTE, INC. PC 401(K) PLAN

Name: PACIFIC CATARACT AND LASER INSTITUTE, INC., PC - PACIFIC CATARACT AND LASER INSTITUTE, INC. PC 401(K) PLAN (2016) Form 5500
Creator: PACIFIC CATARACT AND LASER INSTITUTE, INC., PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC CATARACT AND LASER INSTITUTE, INC. PC 401(K) PLAN, PACIFIC CATARACT AND LASER INSTITUTE, INC., PC

PACIFIC CATARACT AND LASER INSTITUTE, INC., PCEIN 91-1394965Plan #002PY 2016

2517 NE KRESKY AVENUE - CHEHALIS, WA 98532360-748-8632pcli.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$44.6M

+6.9% from 2015

Total participants

538

+3.3% from 2015

Average account balance

$115,053

+5.8% from 2015

Annual return

7.85%

+8.66 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$92.80M

Not enough data

1 years with asset history on file

Average account balance

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

$167K

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.

556

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.

74.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$138

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
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 1920 MAIN ST., SUITE 800 · IRVINE, CA 92614	Advisory (Plan)	$60,000
PENSION PLAN SPECIALISTS, PC2+ years Filed as: PENSION PLAN SPECIALISTS Service code 13 · EIN 26-1570786	Contract Administrator	$10,375
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: PUTNAM INVESTMENTS Service code 15 ONE POST OFFICE SQUARE · BOSTON, MA 02109	Recordkeeping	$4,080

Plan features & details

Pension benefit codes2E2G2J2K2F3H3D2T

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.
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.
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.
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

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

$23K

$47 / participant

Contract admin$1K6.5%
Other / not subdivided$21K93.5%

% of EOY assets

0.051%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,053

$36,916+211.7%

$156,551-26.5%

$57,658+99.5%

Participation rate

69.1%

63.4%+5.7pp

84.0%-14.9pp

70.2%-1.1pp

Annual return

7.85%

12.38%-4.5pp

32.23%-24.4pp

5.13%+2.7pp

Employer contribution / active EE

$2,604

$1,571+65.8%

$5,501-52.7%

$1,974+32.0%

Participant deferral / active EE

$5,209

$1,926+170.5%

$4,871+6.9%

$3,061+70.2%

Admin fee / account holder

$59

$82-28.6%

$13,028-99.5%

$95-37.7%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC2+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 27

1920 MAIN ST., SUITE 800 · IRVINE, CA 92614

Advisory (Plan)

$60,000

PENSION PLAN SPECIALISTS, PC2+ years

Filed as: PENSION PLAN SPECIALISTS

Service code 13 · EIN 26-1570786

Contract Administrator

$10,375

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: PUTNAM INVESTMENTS

Service code 15

ONE POST OFFICE SQUARE · BOSTON, MA 02109

Recordkeeping

$4,080

PACIFIC CATARACT AND LASER INSTITUTE, INC. PC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC CATARACT AND LASER INSTITUTE, INC. PC 401(K) 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