Retirement plan

FAMILY CARE SPECIALISTS MEDICAL CORPORATION RETIREMENT PLAN

Name: FAMILY CARE SPECIALISTS MEDICAL CORPORATION - FAMILY CARE SPECIALISTS MEDICAL CORPORATION RETIREMENT PLAN (2017) Form 5500
Creator: FAMILY CARE SPECIALISTS MEDICAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY CARE SPECIALISTS MEDICAL CORPORATION RETIREMENT PLAN, FAMILY CARE SPECIALISTS MEDICAL CORPORATION

FAMILY CARE SPECIALISTS MEDICAL CORPORATIONEIN 95-4453392Plan #002PY 2017

5823 YORK BLVD., SUITE 5 - LOS ANGELES, CA 900422634323-255-3437LinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#003Retirement-$4.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.2M

+30.9% from 2016

Total participants

137

-2.8% from 2016

Average account balance

$148,437

+35.8% from 2016

Annual return

27.83%

+20.78 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

-100.00%

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

Top 2 by compensation

Provider	Service type	Compensation
VAUGHN INVESTMENT ADVISORS, INC.3+ years Service code 26 · EIN 61-1487773	Advisory (Participants)	$75,270
ONEDIGITAL INVESTMENT ADVISORS LLC3+ years Filed as: KRAVITZ, INC. Service code 15 · EIN 95-3207191	Recordkeeping	$35,122

Plan features & details

Pension benefit codes2A2E2J2K2S3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$112K

$957 / participant

Investment mgmt$75K67.3%
Other / not subdivided$37K32.7%

% of EOY assets

0.554%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LASKER, KIM & COMPANY, LLP
Auditor EIN: 951726866
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$148,437

$55,453+167.7%

$170,435-12.9%

$62,293+138.3%

Participation rate

99.1%

66.4%+32.8pp

83.6%+15.5pp

69.5%+29.6pp

Annual return

27.83%

21.38%+6.5pp

205.94%-178.1pp

28.90%-1.1pp

Employer contribution / active EE

$4,877

$2,164+125.4%

$5,432-10.2%

$2,042+138.8%

Participant deferral / active EE

$3,001

$2,303+30.3%

$4,939-39.3%

$3,169-5.3%

Admin fee / account holder

$823

$455+80.8%

$13,881-94.1%

$479+71.7%

Provider

Service type

Compensation

VAUGHN INVESTMENT ADVISORS, INC.3+ years

Service code 26 · EIN 61-1487773

Advisory (Participants)

$75,270

ONEDIGITAL INVESTMENT ADVISORS LLC3+ years

Filed as: KRAVITZ, INC.

Service code 15 · EIN 95-3207191

Recordkeeping

$35,122

FAMILY CARE SPECIALISTS MEDICAL CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY CARE SPECIALISTS MEDICAL CORPORATION RETIREMENT 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