Retirement plan

BARTELS, POWALSKI & WEISSMAN, MD, PC

Name: BARTELS, POWALSKI & WEISSMAN, MD, - BARTELS, POWALSKI & WEISSMAN, MD, PC (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.9M

+15.6% from 2016

Total participants

-23.3% from 2016

Average account balance

$229,806

+15.6% from 2016

Annual return

15.18%

+7.37 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

$405K

$12274 / participant

Other / not subdivided$405K100.0%

% of EOY assets

4.099%

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

$229,806

$84,236+172.8%

$170,435+34.8%

$70,126+227.7%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

15.18%

23.06%-7.9pp

205.94%-190.8pp

73.15%-58.0pp

Employer contribution / active EE

$7,171

$3,387+111.7%

$5,432+32.0%

$2,343+206.1%

Participant deferral / active EE

$4,113

$3,086+33.3%

$4,939-16.7%

$3,332+23.5%

Admin fee / account holder

$9,420

$5,698+65.3%

$13,881-32.1%

$4,645+102.8%

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