Retirement plan

PROFIT-SHARING PLAN UNDER YORK ANESTHESIOLOGISTS, PLLC RETIREMENT TRUST

Name: YORK ANESTHESIOLOGISTS, PLLC - PROFIT-SHARING PLAN UNDER YORK ANESTHESIOLOGISTS, PLLC RETIREMENT TRUST (2020) Form 5500
Creator: YORK ANESTHESIOLOGISTS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT-SHARING PLAN UNDER YORK ANESTHESIOLOGISTS, PLLC RETIREMENT TRUST, YORK ANESTHESIOLOGISTS, PLLC

YORK ANESTHESIOLOGISTS, PLLCEIN 13-3903523Plan #002PY 2020

1ST AVENUE AT 16TH STREET, MOUNT SINAI BETH ISRAEL MEDICAL CEN - NEW YORK, NY 10003212-420-2385yorkanesthesiologists.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#004Retirement-$23.9M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$31.6M

-19.6% from 2019

Total participants

-21.6% from 2019

Average account balance

$1,089,206

+2.5% from 2019

Annual return

5.09%

-12.18 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.13M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$56K

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

+13.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$194187

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 codes2E2G3B2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$11.1M

$396804 / participant

Other / not subdivided$11M100.0%

% of EOY assets

35.174%

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

$1,089,206

$91,167+1094.7%

$178,498+510.2%

$79,858+1263.9%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

5.09%

24.19%-19.1pp

151.09%-146.0pp

31.72%-26.6pp

Employer contribution / active EE

$33,991

$3,255+944.2%

$5,011+578.3%

$2,471+1275.7%

Participant deferral / active EE

$15,393

$3,236+375.7%

$5,202+195.9%

$3,740+311.6%

Admin fee / account holder

$383,121

$6,747+5578.0%

$13,985+2639.4%

$5,306+7120.5%

PROFIT-SHARING PLAN UNDER YORK ANESTHESIOLOGISTS, PLLC RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT-SHARING PLAN UNDER YORK ANESTHESIOLOGISTS, PLLC RETIREMENT 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