Retirement plan

NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN

Name: NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. - NORTH SHORE RADIOLOGICAL ASSOCIATES, INC. PROFIT SHARING PLAN (2023) 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 2023

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

Other plans on this EIN

1 filing

#003Retirement-$268K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$19.6M

+21.5% from 2022

Total participants

+27.3% from 2022

Average account balance

$1,632,555

+11.3% from 2022

Annual return

15.72%

+30.24 pp from 2022

Benchmarks

See 108,094 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,094 peers

Snapshot2023

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

$5K

$352 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.023%

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

$1,632,555

$175,212+831.8%

$149,682+990.7%

$139,427+1070.9%

Participation rate

84.6%

83.4%+1.2pp

78.8%+5.8pp

80.3%+4.3pp

Annual return

15.72%

166.63%-150.9pp

134.35%-118.6pp

373.27%-357.5pp

Employer contribution / active EE

$71,077

$5,475+1198.2%

$4,818+1375.1%

$4,752+1395.9%

Participant deferral / active EE

$6,520-100.0%

$5,681-100.0%

$6,711-100.0%

Admin fee / account holder

$381

$16,150-97.6%

$13,210-97.1%

$11,404-96.7%

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