Retirement plan

FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. EMPLOYER'S 401(K) SAV PLAN

Name: FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. - FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. EMPLOYER'S 401(K) SAV PLAN (2016) Form 5500
Creator: FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. EMPLOYER'S 401(K) SAV PLAN, FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC.

FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC.EIN 95-3063115Plan #005PY 2016

11100 WARNER AVENUE, SUITE 268 - FOUNTAIN VALLEY, CA 92708714-540-9911LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesLow participationHigh assets / participantLow participant contributionLow fidelity bondWind-down / frozen

How to read this page

Total assets (EOY)

$5.5M

No prior year

Total participants

No prior year

Average account balance

$2,749,665

No prior year

Annual return

15.74%

No prior year

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+135.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$210K

$69883 / participant

Other / not subdivided$210K100.0%

% of EOY assets

3.812%

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

$2,749,665

$181,896+1411.7%

$156,551+1656.4%

$273,972+903.6%

Participation rate

66.7%

88.4%-21.7pp

84.0%-17.3pp

83.0%-16.3pp

Annual return

15.74%

30.74%-15.0pp

32.23%-16.5pp

41.46%-25.7pp

Employer contribution / active EE

$6,248-100.0%

$5,501-100.0%

$4,869-100.0%

Participant deferral / active EE

$5,550-100.0%

$4,871-100.0%

$5,287-100.0%

Admin fee / account holder

$104,825

$15,560+573.7%

$13,028+704.6%

$10,133+934.5%

FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. EMPLOYER'S 401(K) SAV PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUNTAIN VALLEY CARDIOLOGY MEDICAL CLINIC, INC. EMPLOYER'S 401(K) SAV 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