Retirement plan

PANETTA PHYSICAL THERAPY, PC PROFIT SHARING PLAN

Name: PANETTA PHYSICAL THERAPY, PC - PANETTA PHYSICAL THERAPY, PC PROFIT SHARING PLAN (2020) Form 5500
Creator: PANETTA PHYSICAL THERAPY, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANETTA PHYSICAL THERAPY, PC PROFIT SHARING PLAN, PANETTA PHYSICAL THERAPY, PC

PANETTA PHYSICAL THERAPY, PCEIN 11-3180653Plan #001PY 2020

225 HOWELLS ROAD - BAY SHORE, NY 11706631-665-4560panettapt.comLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+33.0% from 2019

Total participants

+34.6% from 2019

Average account balance

$47,859

-30.3% from 2019

Annual return

20.77%

-6.78 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

44.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$95K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2181

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 codes2E2F2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$136 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.351%

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

$47,859

$91,179-47.5%

$178,499-73.2%

$79,852-40.1%

Participation rate

46.2%

69.2%-23.1pp

81.9%-35.8pp

69.6%-23.5pp

Annual return

20.77%

24.19%-3.4pp

151.10%-130.3pp

31.72%-10.9pp

Employer contribution / active EE

$444

$3,256-86.4%

$5,011-91.1%

$2,471-82.0%

Participant deferral / active EE

$3,105

$3,236-4.0%

$5,202-40.3%

$3,740-17.0%

Admin fee / account holder

$168

$6,749-97.5%

$13,986-98.8%

$5,306-96.8%

PANETTA PHYSICAL THERAPY, PC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANETTA PHYSICAL THERAPY, PC 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