Retirement plan

STATEN ISLAND OPHTHALMOLOGY, P.C. PROFIT SHARING 401(K) PENSION PLAN

Name: STATEN ISLAND OPHTHALMOLOGY, P.C. - STATEN ISLAND OPHTHALMOLOGY, P.C. PROFIT SHARING 401(K) PENSION PLAN (2017) Form 5500
Creator: STATEN ISLAND OPHTHALMOLOGY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STATEN ISLAND OPHTHALMOLOGY, P.C. PROFIT SHARING 401(K) PENSION PLAN, STATEN ISLAND OPHTHALMOLOGY, P.C.

STATEN ISLAND OPHTHALMOLOGY, P.C.EIN 11-2696201Plan #003PY 2017

23 OCEANIC AVE. - STATEN ISLAND, NY 10312718-948-8880silaser.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$2.8M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$820K

+30.7% from 2016

Total participants

0.0% from 2016

Average account balance

$20,489

+30.7% from 2016

Annual return

16.46%

+11.96 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

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.

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.

290.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$205K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+7.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1074

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 codes2D2E2J

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.

Opportunity flags

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$105 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.245%

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

$20,489

$198,457-89.7%

$170,435-88.0%

$147,586-86.1%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

16.46%

257.30%-240.8pp

205.94%-189.5pp

578.59%-562.1pp

Employer contribution / active EE

$3,492

$6,183-43.5%

$5,432-35.7%

$4,876-28.4%

Participant deferral / active EE

$1,302

$5,629-76.9%

$4,939-73.6%

$5,439-76.1%

Admin fee / account holder

$50

$16,852-99.7%

$13,881-99.6%

$10,886-99.5%

STATEN ISLAND OPHTHALMOLOGY, P.C. PROFIT SHARING 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STATEN ISLAND OPHTHALMOLOGY, P.C. PROFIT SHARING 401(K) PENSION 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