Retirement plan

BARTELS, POWALSKI & WEISSMAN, MD, PC

Name: BARTELS, POWALSKI & WEISSMAN, MD, - BARTELS, POWALSKI & WEISSMAN, MD, PC (2015) Form 5500
Creator: BARTELS, POWALSKI & WEISSMAN, MD,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTELS, POWALSKI & WEISSMAN, MD, PC, BARTELS, POWALSKI & WEISSMAN, MD,

BARTELS, POWALSKI & WEISSMAN, MD,EIN 16-1021580Plan #002PY 2015

3834 DELAWARE AVE. - KENMORE, NY 14217716-877-1221

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.6M

No prior year

Total participants

No prior year

Average account balance

$185,796

No prior year

Annual return

-0.64%

No prior year

Benchmarks

See 15,767 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,767 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.38M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

209.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

-12.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7547

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 codes2E2G2J

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$72K

$2259 / participant

Other / not subdivided$72K100.0%

% of EOY assets

0.949%

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

$185,796

$75,832+145.0%

$147,617+25.9%

$59,633+211.6%

Participation rate

100.0%

71.6%+28.4pp

84.6%+15.4pp

68.7%+31.3pp

Annual return

-0.64%

0.37%-1.0pp

61.98%-62.6pp

2041.45%-2042.1pp

Employer contribution / active EE

$6,745

$3,485+93.6%

$5,564+21.2%

$2,203+206.2%

Participant deferral / active EE

$3,396

$3,131+8.5%

$4,895-30.6%

$3,192+6.4%

Admin fee / account holder

$1,763

$5,986-70.5%

$11,612-84.8%

$4,297-59.0%

BARTELS, POWALSKI & WEISSMAN, MD, PC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTELS, POWALSKI & WEISSMAN, MD, PC

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