Retirement plan

WEST COAST ULTRASOUND INSTITUTE 401(K) PLAN

Name: WEST COAST ULTRASOUND INSTITUTE - WEST COAST ULTRASOUND INSTITUTE 401(K) PLAN (2018) Form 5500
Creator: WEST COAST ULTRASOUND INSTITUTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEST COAST ULTRASOUND INSTITUTE 401(K) PLAN, WEST COAST ULTRASOUND INSTITUTE

WEST COAST ULTRASOUND INSTITUTEEIN 95-4686517Plan #001PY 2018

291 SOUTH LA CIENGA, SUITE 500 - BEVERLY HILLS, CA 90211310-289-5123

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.5M

+24.7% from 2017

Total participants

342

+16.7% from 2017

Average account balance

$4,499

-32.2% from 2017

Annual return

-4.60%

-24.05 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.54M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

142

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.

19.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$543K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+17.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 26 · EIN 34-1542819 ADVISORY BILLING H00 · ST. LOUIS, MO 63103	Advisory (Participants)	$6,850
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$280

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$16K

$73 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.026%

all-in expense ratio

Categories reported

0 / 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: KSJG, LLP
Auditor EIN: 953322166
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,499

$44,873-90.0%

$79,476-94.3%

$56,287-92.0%

Participation rate

100.0%

68.7%+31.3pp

73.3%+26.7pp

69.9%+30.1pp

Annual return

-4.60%

0.81%-5.4pp

718.21%-722.8pp

-9.96%+5.4pp

Employer contribution / active EE

$2,140-100.0%

$2,800-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,912

$2,746-30.4%

$3,704-48.4%

$3,350-42.9%

Admin fee / account holder

$46

$418-89.0%

$5,113-99.1%

$521-91.1%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS LLC

Service code 26 · EIN 34-1542819

ADVISORY BILLING H00 · ST. LOUIS, MO 63103

Advisory (Participants)

$6,850

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$280

WEST COAST ULTRASOUND INSTITUTE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEST COAST ULTRASOUND INSTITUTE 401(K) 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