Retirement plan

FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. MONEY PURCHASE PLAN

Name: FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. - FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. MONEY PURCHASE PLAN (2015) Form 5500
Creator: FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. MONEY PURCHASE PLAN, FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C.

FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C.EIN 92-0068832Plan #002PY 2015

1919 LATHROP ST STE 220 - FAIRBANKS, AK 997015942907-452-1739brainclinic.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$3.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

No prior year

Total participants

No prior year

Average account balance

$72,901

No prior year

Annual return

-0.22%

No prior year

Benchmarks

See 102,328 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,328 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$913K

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

214.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3776

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 codes2C2G2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.

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

$344K

$34400 / participant

Other / not subdivided$344K100.0%

% of EOY assets

31.458%

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

$72,901

$168,635-56.8%

$147,617-50.6%

$125,389-41.9%

Participation rate

100.0%

88.8%+11.2pp

84.6%+15.4pp

83.2%+16.8pp

Annual return

-0.22%

77.65%-77.9pp

61.98%-62.2pp

282.24%-282.5pp

Employer contribution / active EE

$3,031

$6,252-51.5%

$5,564-45.5%

$4,866-37.7%

Participant deferral / active EE

$5,507-100.0%

$4,895-100.0%

$5,352-100.0%

Admin fee / account holder

$22,933

$13,580+68.9%

$11,612+97.5%

$9,541+140.4%

FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAIRBANKS PSYCHIATRIC & NEUROLOGICAL CLINIC, P.C. MONEY PURCHASE 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