Retirement plan

SOUTHGATE ANIMAL CLINIC 401(K) PLAN

Name: SOUTHGATE ANIMAL CLINIC - SOUTHGATE ANIMAL CLINIC 401(K) PLAN (2018) Form 5500
Creator: SOUTHGATE ANIMAL CLINIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHGATE ANIMAL CLINIC 401(K) PLAN, SOUTHGATE ANIMAL CLINIC

SOUTHGATE ANIMAL CLINICEIN 93-0715266Plan #001PY 2018

7851 SE KING ROAD - MILWAUKIE, OR 97222503-771-0857southgateanimalclinic.vetstreet.comLinkedIn11-50 employeesveterinary

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$801K

+17.7% from 2016

Total participants

+47.6% from 2016

Average account balance

$27,624

-14.8% from 2016

Annual return

-6.57%

-11.76 pp from 2016

Benchmarks

See 7,521 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

142.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$722

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$27,624

$107,806-74.4%

$90,655-69.5%

$135,382-79.6%

Participation rate

89.5%

78.0%+11.4pp

74.0%+15.4pp

82.6%+6.8pp

Annual return

-6.57%

-0.90%-5.7pp

1.89%-8.5pp

519.77%-526.3pp

Employer contribution / active EE

$1,048

$3,018-65.3%

$2,532-58.6%

$4,779-78.1%

Participant deferral / active EE

$2,554

$3,872-34.0%

$3,425-25.4%

$5,609-54.5%

Admin fee / account holder

$5,931-100.0%

$4,994-100.0%

$10,829-100.0%

SOUTHGATE ANIMAL CLINIC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SOUTHGATE ANIMAL CLINIC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion