Retirement plan

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST

Name: ANESTHESIA SERVICE MEDICAL GROUP, INC. - ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST (2020) Form 5500
Creator: ANESTHESIA SERVICE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST, ANESTHESIA SERVICE MEDICAL GROUP, INC.

ANESTHESIA SERVICE MEDICAL GROUP, INC.EIN 95-1965700Plan #002PY 2020

3626 RUFFIN ROAD - SAN DIEGO, CA 92123858-495-2087asmgmd.comLinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$19.6M assets

Prospect flagsHigh feesHigh cashHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$366M

-6.5% from 2016

Total participants

317

-5.0% from 2016

Average account balance

$1,204,104

-2.1% from 2016

Annual return

16.33%

-8.08 pp from 2016

Benchmarks

See 3,871 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,871 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$390.85M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

315

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.

87.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+16.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
WEST COAST FINANCIAL6+ years Service code 52 · EIN 26-1516464	Indirect Investment Fees	$23,401
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$12,782
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 71 1155 CANYON BLVD · BOULDER, CO 80302	Brokerage Fees	$11,514
DOWLING & YAHNKE LLC6+ years Filed as: DOWLING & YAHNKE Service code 52 · EIN 26-0266092	Indirect Investment Fees	$0
MOSS ADAMS LLP4 years Filed as: MOSS ADAMS Service code 10 · EIN 91-0189318	Accounting	$0
TORREY CAPITAL INVESTMENTS4 years Service code 52 · EIN 45-0651612	Indirect Investment Fees	$0
WEATHERLY ASSET MANAGEMENT1 year Filed as: WEATHERYLY ASSET MANAGEMENT Service code 52 · EIN 33-0638187	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H2R

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$93K

$349 / participant

Investment mgmt$69K74.3%
Other / not subdivided$24K25.7%

% of EOY assets

0.025%

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

$1,204,104

$52,303+2202.2%

$178,510+574.5%

$73,415+1540.1%

Participation rate

95.1%

65.3%+29.8pp

81.9%+13.2pp

72.2%+22.9pp

Annual return

16.33%

34.76%-18.4pp

151.13%-134.8pp

59.30%-43.0pp

Employer contribution / active EE

$40,037

$1,737+2205.6%

$5,011+698.9%

$2,234+1692.3%

Participant deferral / active EE

$7,411

$2,334+217.6%

$5,202+42.5%

$3,806+94.7%

Admin fee / account holder

$304

$127+139.0%

$13,988-97.8%

$158+92.8%

Provider

Service type

Compensation

WEST COAST FINANCIAL6+ years

Service code 52 · EIN 26-1516464

Indirect Investment Fees

$23,401

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$12,782

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 71

1155 CANYON BLVD · BOULDER, CO 80302

Brokerage Fees

$11,514

DOWLING & YAHNKE LLC6+ years

Filed as: DOWLING & YAHNKE

Service code 52 · EIN 26-0266092

Indirect Investment Fees

MOSS ADAMS LLP4 years

Filed as: MOSS ADAMS

Service code 10 · EIN 91-0189318

Accounting

TORREY CAPITAL INVESTMENTS4 years

Service code 52 · EIN 45-0651612

Indirect Investment Fees

WEATHERLY ASSET MANAGEMENT1 year

Filed as: WEATHERYLY ASSET MANAGEMENT

Service code 52 · EIN 33-0638187

Indirect Investment Fees

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN 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