Retirement plan

PUGET SOUND SURGICAL CENTER, LLC PROFIT SHARING PLAN

Name: PUGET SOUND SURGICAL CENTER, LLC - PUGET SOUND SURGICAL CENTER, LLC PROFIT SHARING PLAN (2018) Form 5500
Creator: PUGET SOUND SURGICAL CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUGET SOUND SURGICAL CENTER, LLC PROFIT SHARING PLAN, PUGET SOUND SURGICAL CENTER, LLC

PUGET SOUND SURGICAL CENTER, LLCEIN 91-1687859Plan #001PY 2018

19930 BALLINGER WAY NE - SHORELINE, WA 98155425-776-2220LinkedIn11-50 employeesmental health care

Other plans on this EIN

1 filing

#002Retirement-$1.3M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2M

-20.3% from 2017

Total participants

103

-1.9% from 2017

Average account balance

$19,624

-18.0% from 2017

Annual return

4.83%

-13.21 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

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

209.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3228

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$997K

$25562 / participant

Other / not subdivided$997K100.0%

% of EOY assets

49.805%

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

$19,624

$75,962-74.2%

$154,111-87.3%

$64,173-69.4%

Participation rate

97.4%

70.4%+27.0pp

83.0%+14.4pp

69.6%+27.9pp

Annual return

4.83%

30.32%-25.5pp

735.18%-730.4pp

7.63%-2.8pp

Employer contribution / active EE

$3,749

$3,350+11.9%

$5,298-29.2%

$2,381+57.5%

Participant deferral / active EE

$5,287

$3,175+66.5%

$5,081+4.1%

$3,470+52.4%

Admin fee / account holder

$9,774

$5,589+74.9%

$13,411-27.1%

$4,887+100.0%

PUGET SOUND SURGICAL CENTER, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PUGET SOUND SURGICAL 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