Retirement plan

KANTU 401(K) TRUST

Name: NY CENTER FOR EARS, NOSE, THROAT, SINUS & ALLERGY, LLP - KANTU 401(K) TRUST (2018) Form 5500
Creator: NY CENTER FOR EARS, NOSE, THROAT, SINUS & ALLERGY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KANTU 401(K) TRUST, NY CENTER FOR EARS, NOSE, THROAT, SINUS & ALLERGY, LLP

NY CENTER FOR EARS, NOSE, THROAT, SINUS & ALLERGY, LLPEIN 11-3515454Plan #004PY 2018

2204 VOORHIES AVE - BROOKLYN, NY 112352820718-646-3776

Other plans on this EIN

1 filing

#001Retirement-$4.8M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.2M

+27.8% from 2016

Total participants

-16.7% from 2016

Average account balance

$421,953

+58.7% from 2016

Annual return

11.44%

+5.08 pp from 2016

Benchmarks

See 105,561 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,561 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.32M

Not enough data

1 years with asset history on file

Average account balance

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

$254K

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.

130.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$213K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+27.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1701

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 codes2E3F2G2J2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

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

$582K

$26464 / participant

Other / not subdivided$582K100.0%

% of EOY assets

4.758%

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

$421,953

$180,462+133.8%

$154,111+173.8%

$135,379+211.7%

Participation rate

95.5%

87.4%+8.0pp

83.0%+12.4pp

82.6%+12.8pp

Annual return

11.44%

888.17%-876.7pp

735.18%-723.7pp

519.79%-508.3pp

Employer contribution / active EE

$5,102

$6,036-15.5%

$5,298-3.7%

$4,779+6.8%

Participant deferral / active EE

$7,789

$5,806+34.1%

$5,081+53.3%

$5,609+38.9%

Admin fee / account holder

$20,076

$16,145+24.4%

$13,411+49.7%

$10,828+85.4%

KANTU 401(K) TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KANTU 401(K) TRUST

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