Retirement plan

INFERTILITY & IVF ASSOCIATES SALARY DEFERRAL PL TR

Name: INFERTILITY & INVITRO FERTILIZATION MEDICAL ASSOCIATES OF WNY, PLLC - INFERTILITY & IVF ASSOCIATES SALARY DEFERRAL PL TR (2020) Form 5500
Creator: INFERTILITY & INVITRO FERTILIZATION MEDICAL ASSOCIATES OF WNY, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFERTILITY & IVF ASSOCIATES SALARY DEFERRAL PL TR, INFERTILITY & INVITRO FERTILIZATION MEDICAL ASSOCIATES OF WNY, PLLC

INFERTILITY & INVITRO FERTILIZATION MEDICAL ASSOCIATES OF WNY, PLLCEIN 16-1565070Plan #002PY 2020

4510 MAIN STREET - SNYDER, NY 14226716-839-3394LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.7M

+16.1% from 2019

Total participants

+2.8% from 2019

Average account balance

$128,343

+12.9% from 2019

Annual return

12.11%

-4.88 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.74M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$604K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14511

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 codes2E2G2J3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$289K

$8253 / participant

Other / not subdivided$289K100.0%

% of EOY assets

6.083%

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

$128,343

$91,198+40.7%

$178,503-28.1%

$79,856+60.7%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

12.11%

24.20%-12.1pp

151.12%-139.0pp

31.71%-19.6pp

Employer contribution / active EE

$8,422

$3,257+158.6%

$5,011+68.1%

$2,471+240.8%

Participant deferral / active EE

$3,601

$3,237+11.3%

$5,202-30.8%

$3,741-3.7%

Admin fee / account holder

$7,807

$6,748+15.7%

$13,987-44.2%

$5,306+47.1%

INFERTILITY & IVF ASSOCIATES SALARY DEFERRAL PL TR

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFERTILITY & IVF ASSOCIATES SALARY DEFERRAL PL TR

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