Retirement plan

UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN

Name: UNIVERSITY NEUROLOGY, INC. - UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN (2024) Form 5500
Creator: UNIVERSITY NEUROLOGY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN, UNIVERSITY NEUROLOGY, INC.

UNIVERSITY NEUROLOGY, INC.EIN 16-1359213Plan #001PY 2024

77 GOODELL ST - BUFFALO, NY 14203716-878-2993ubneurosurgery.comLinkedIn51-200 employeeshigher education

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$20.4M

+9.3% from 2023

Total participants

233

+4.0% from 2023

Average account balance

$88,675

+3.1% from 2023

Annual return

11.87%

-2.46 pp from 2023

Benchmarks

See 6,010 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,010 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.40M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

230

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$624K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
TRG ADVISORS, INC.1 year Service code 27 · EIN 82-3871756	Advisory (Plan)	$14,691

Plan features & details

Pension benefit codes2E2F2G2J2L2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$112 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.083%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHIAMPOU TRAVIS BESAW &KERSHNER LLP
Auditor EIN: 161468002
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,675

$55,423+60.0%

$155,602-43.0%

$74,400+19.2%

Participation rate

98.0%

61.9%+36.1pp

78.2%+19.8pp

67.2%+30.8pp

Annual return

11.87%

269.07%-257.2pp

64.81%-52.9pp

1367.51%-1355.6pp

Employer contribution / active EE

$1,242

$2,266-45.2%

$4,675-73.4%

$2,624-52.7%

Participant deferral / active EE

$2,888

$2,835+1.9%

$5,629-48.7%

$4,348-33.6%

Admin fee / account holder

$74

$1,744-95.8%

$15,923-99.5%

$1,944-96.2%

Provider

Service type

Compensation

TRG ADVISORS, INC.1 year

Service code 27 · EIN 82-3871756

Advisory (Plan)

$14,691

UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY NEUROLOGY, INC. RETIREMENT PLAN

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