Retirement plan

THE 401K PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC

Name: PHYSICIAN'S ENDOSCOPY, LLC - THE 401K PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC (2018) Form 5500
Creator: PHYSICIAN'S ENDOSCOPY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE 401K PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC, PHYSICIAN'S ENDOSCOPY, LLC

PHYSICIAN'S ENDOSCOPY, LLCEIN 91-1882702Plan #001PY 2018

2500 YORK ROAD, SUITE 300 - JAMISON, PA 18929215-589-9012

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$31.9M

-6.2% from 2017

Total participants

825

+7.3% from 2017

Average account balance

$38,713

-14.3% from 2017

Annual return

-14.46%

-40.49 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$62.92M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

1,353

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.

75.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$55,092
MERRILL LYNCH PIERCE FENNER & SMITH2 years Service code 27 · EIN 13-5674085	Advisory (Plan)	$51,553
DELAWARE VALLEY RETIREMENT, INC.4+ years Filed as: DELAWARE VALLEY RETIREMENT INC Service code 13 · EIN 20-2055473	Contract Administrator	$34,168
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480	Other Services	$16,099

Plan features & details

Pension benefit codes2A2E2G2J2K2R2T3B

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).
2E
Profit-sharing
Profit-sharing plan.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$134K

$199 / participant

Investment mgmt$49K36.6%
Contract admin$81K60.7%
Other / not subdivided$4K2.7%

% of EOY assets

0.420%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KRONICK KALADA BERDY & CO., P.C.
Auditor EIN: 232667890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,713

$37,196+4.1%

$154,107-74.9%

$55,725-30.5%

Participation rate

99.7%

64.1%+35.6pp

83.0%+16.7pp

70.9%+28.8pp

Annual return

-14.46%

1319.68%-1334.1pp

735.12%-749.6pp

244.93%-259.4pp

Employer contribution / active EE

$2,738

$1,614+69.6%

$5,298-48.3%

$2,078+31.7%

Participant deferral / active EE

$4,452

$2,068+115.3%

$5,081-12.4%

$3,356+32.7%

Admin fee / account holder

$162

$102+59.9%

$13,411-98.8%

$115+41.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$55,092

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Service code 27 · EIN 13-5674085

Advisory (Plan)

$51,553

DELAWARE VALLEY RETIREMENT, INC.4+ years

Filed as: DELAWARE VALLEY RETIREMENT INC

Service code 13 · EIN 20-2055473

Contract Administrator

$34,168

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 49 · EIN 13-2808480

Other Services

$16,099

THE 401K PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE 401K PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC

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