Retirement plan

BARTELS, POWALSKI & WEISSMAN, MD, PC

Name: BARTELS, POWALSKI & WEISSMAN, MD, - BARTELS, POWALSKI & WEISSMAN, MD, PC (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.6M

-2.7% from 2017

Total participants

+18.2% from 2017

Average account balance

$246,416

+7.2% from 2017

Annual return

-6.45%

-21.63 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

$105K

$2683 / participant

Other / not subdivided$105K100.0%

% of EOY assets

1.089%

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

$246,416

$75,962+224.4%

$154,108+59.9%

$64,173+284.0%

Participation rate

100.0%

70.4%+29.6pp

83.0%+17.0pp

69.6%+30.4pp

Annual return

-6.45%

30.32%-36.8pp

735.21%-741.7pp

7.63%-14.1pp

Employer contribution / active EE

$6,320

$3,350+88.7%

$5,298+19.3%

$2,381+165.4%

Participant deferral / active EE

$3,745

$3,175+18.0%

$5,081-26.3%

$3,470+7.9%

Admin fee / account holder

$2,683

$5,589-52.0%

$13,411-80.0%

$4,887-45.1%

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