Retirement plan

FOOT AND ANKLE CENTER OF PHILADELPHIA 401K PLAN

Name: FOOT AND ANKLE CENTER OF PHILADELPHIA, LLC - FOOT AND ANKLE CENTER OF PHILADELPHIA 401K PLAN (2022) Form 5500
Creator: FOOT AND ANKLE CENTER OF PHILADELPHIA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOOT AND ANKLE CENTER OF PHILADELPHIA 401K PLAN, FOOT AND ANKLE CENTER OF PHILADELPHIA, LLC

FOOT AND ANKLE CENTER OF PHILADELPHIA, LLCEIN 14-1974941Plan #001PY 2022

235 N. BROAD STREET - PHILADELPHIA, PA 19107215-568-3510LinkedIn1001-5000 employeesmedical practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$1.8M

-10.0% from 2021

Total participants

-11.1% from 2021

Average account balance

$262,502

-10.0% from 2021

Annual return

-14.15%

-31.31 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.45M

Not enough data

1 years with asset history on file

Average account balance

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

$350K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$87K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+9.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3B3D

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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$262,502

$167,362+56.8%

$143,799+82.5%

$134,532+95.1%

Participation rate

85.7%

84.8%+0.9pp

80.3%+5.4pp

81.2%+4.5pp

Annual return

-14.15%

0.47%-14.6pp

-0.04%-14.1pp

418.27%-432.4pp

Employer contribution / active EE

$3,259

$5,620-42.0%

$4,952-34.2%

$4,741-31.3%

Participant deferral / active EE

$8,880

$6,447+37.7%

$5,638+57.5%

$6,401+38.7%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

FOOT AND ANKLE CENTER OF PHILADELPHIA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FOOT AND ANKLE CENTER OF PHILADELPHIA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion