Retirement plan

NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN

Name: NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. - NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: NORTH SHORE RADIOLOGICAL ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN, NORTH SHORE RADIOLOGICAL ASSOCIATES, INC.

NORTH SHORE RADIOLOGICAL ASSOCIATES, INC.EIN 04-2467409Plan #002PY 2022

160 FEDERAL STREET, 9TH FLOOR - BOSTON, MA 021101700617-478-3492LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$140K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$16.1M

-33.6% from 2021

Total participants

-15.4% from 2021

Average account balance

$1,466,387

-21.6% from 2021

Annual return

-14.51%

-27.59 pp from 2021

Benchmarks

See 105,986 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,986 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.65M

Not enough data

1 years with asset history on file

Average account balance

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

$1.6M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$980K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$70K

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

+15.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$178

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 codes2E2F2G2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$5.3M

$483717 / participant

Other / not subdivided$5M100.0%

% of EOY assets

32.987%

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

$1,466,387

$167,323+776.4%

$143,770+920.0%

$134,493+990.3%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-14.51%

0.47%-15.0pp

-0.04%-14.5pp

418.01%-432.5pp

Employer contribution / active EE

$61,000

$5,619+985.5%

$4,951+1132.0%

$4,740+1186.9%

Participant deferral / active EE

$6,446-100.0%

$5,638-100.0%

$6,400-100.0%

Admin fee / account holder

$483,717

$18,088+2574.2%

$14,673+3196.7%

$11,425+4133.9%

NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING 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