Retirement plan

RETINA NORTHWEST, P.C. RETIREMENT PLAN AND TRUST

Name: RETINA NORTHWEST, P.C. - RETINA NORTHWEST, P.C. RETIREMENT PLAN AND TRUST (2017) Form 5500
Creator: RETINA NORTHWEST, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETINA NORTHWEST, P.C. RETIREMENT PLAN AND TRUST, RETINA NORTHWEST, P.C.

RETINA NORTHWEST, P.C.EIN 93-0727712Plan #004PY 2017

2525 NW LOVEJOY, SUITE 300 - PORTLAND, OR 97210503-274-2619

Prospect flagsHigh feesHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.7M

+17.6% from 2016

Total participants

116

-4.1% from 2016

Average account balance

$83,447

+22.7% from 2016

Annual return

13.65%

+8.37 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.82M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

126.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$582K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3268

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

Top 4 by compensation

Provider	Service type	Compensation
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL Service code 19 · EIN 41-0973005	Securities Custodian	$26,476
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 19 · EIN 59-1237041 880 CARILLON PARKWAY · SAINT PETERSBURG, FL 33716	Securities Custodian	$13,081
NORTHWEST PLAN SERVICES, INC.1 year Service code 13 · EIN 91-2090931 5446 CALIFORNIA AVE SW · SEATTLE, WA 98136	Contract Administrator	$12,353
DESCHUTES INVESTMENT CONSULTING1 year Filed as: DESCHUTES PORTFOLIO STRATEGIES Service code 26 · EIN 27-5035231 4949 MEADOWS ROAD · LAKE OSWEGO, OR 97035	Advisory (Participants)	$6,891

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T

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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$61K

$898 / participant

Investment mgmt$7K11.3%
Other / not subdivided$54K88.7%

% of EOY assets

0.631%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,447

$84,236-0.9%

$170,435-51.0%

$70,126+19.0%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

13.65%

23.06%-9.4pp

205.94%-192.3pp

73.15%-59.5pp

Employer contribution / active EE

$4,992

$3,387+47.4%

$5,432-8.1%

$2,343+113.1%

Participant deferral / active EE

$3,438

$3,086+11.4%

$4,939-30.4%

$3,332+3.2%

Admin fee / account holder

$526

$5,698-90.8%

$13,881-96.2%

$4,645-88.7%

Provider

Service type

Compensation

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL

Service code 19 · EIN 41-0973005

Securities Custodian

$26,476

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 19 · EIN 59-1237041

880 CARILLON PARKWAY · SAINT PETERSBURG, FL 33716

Securities Custodian

$13,081

NORTHWEST PLAN SERVICES, INC.1 year

Service code 13 · EIN 91-2090931

5446 CALIFORNIA AVE SW · SEATTLE, WA 98136

Contract Administrator

$12,353

DESCHUTES INVESTMENT CONSULTING1 year

Filed as: DESCHUTES PORTFOLIO STRATEGIES

Service code 26 · EIN 27-5035231

4949 MEADOWS ROAD · LAKE OSWEGO, OR 97035

Advisory (Participants)

$6,891

RETINA NORTHWEST, P.C. RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETINA NORTHWEST, P.C. RETIREMENT 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