Retirement plan

FOURTH CORNER NEUROSURGICAL AS 401(K) PROFIT SHARING PLAN AND TRUST

Name: FOURTH CORNER NEUROSURGICAL ASSOCIATES, INC. - FOURTH CORNER NEUROSURGICAL AS 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: FOURTH CORNER NEUROSURGICAL ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOURTH CORNER NEUROSURGICAL AS 401(K) PROFIT SHARING PLAN AND TRUST, FOURTH CORNER NEUROSURGICAL ASSOCIATES, INC.

FOURTH CORNER NEUROSURGICAL ASSOCIATES, INC.EIN 91-1416044Plan #003PY 2020

710 BIRCHWOOD AVE., SUITE 101 - BELLINGHAM, WA 98225360-676-2628fourthcornerneuro.comLinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#004Retirement-$3.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+45.2% from 2019

Total participants

+25.9% from 2019

Average account balance

$68,082

+17.0% from 2019

Annual return

31.54%

+5.70 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.74M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$741K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+32.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1695

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

0 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 codes2E2F2G2J2T3D3H

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.
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

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

$70K

$1994 / participant

Other / not subdivided$70K100.0%

% of EOY assets

1.424%

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

$68,082

$91,198-25.3%

$178,503-61.9%

$79,856-14.7%

Participation rate

97.1%

69.2%+27.9pp

81.9%+15.2pp

69.6%+27.5pp

Annual return

31.54%

24.20%+7.3pp

151.12%-119.6pp

31.71%-0.2pp

Employer contribution / active EE

$8,499

$3,257+161.0%

$5,011+69.6%

$2,471+243.9%

Participant deferral / active EE

$6,683

$3,237+106.5%

$5,202+28.5%

$3,741+78.7%

Admin fee / account holder

$969

$6,748-85.6%

$13,987-93.1%

$5,306-81.7%

FOURTH CORNER NEUROSURGICAL AS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOURTH CORNER NEUROSURGICAL AS 401(K) PROFIT SHARING PLAN AND TRUST

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