Retirement plan

NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN

Name: NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. - NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN (2024) Form 5500
Creator: NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN, NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C.

NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C.EIN 16-1592210Plan #002PY 2024

5496 EAST TAFT ROAD - N. SYRACUSE, NY 13212315-552-6700LinkedIn51-200 employeesmedical devices

Other plans on this EIN

1 filing

#003Retirement-$10.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.1M

+20.8% from 2023

Total participants

205

+18.5% from 2023

Average account balance

$125,761

+9.9% from 2023

Annual return

14.73%

-2.90 pp from 2023

Benchmarks

See 6,026 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,026 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$22.13M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

176

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.

78.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC6 years Service code 55 · EIN 13-2638166	Other Commissions	$29,783
BOWERS & COMPANY CPAS PLLC5 years Filed as: BOWERS & COMPANY Service code 10 · EIN 20-1317788	Accounting	$10,300
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$9,111

Plan features & details

Pension benefit codes2A2E2G2J2T3D2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$19K

$144 / participant

Recordkeeping$9K46.9%
Other / not subdivided$10K53.1%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BOWERS & COMPANY CPAS, PLLC
Auditor EIN: 201317788
Audit fees: $10,300
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,761

$55,415+126.9%

$155,509-19.1%

$74,495+68.8%

Participation rate

78.5%

61.9%+16.6pp

78.2%+0.3pp

67.2%+11.3pp

Annual return

14.73%

268.50%-253.8pp

64.67%-49.9pp

1364.94%-1350.2pp

Employer contribution / active EE

$4,420

$2,267+95.0%

$4,672-5.4%

$2,623+68.5%

Participant deferral / active EE

$6,150

$2,836+116.9%

$5,626+9.3%

$4,346+41.5%

Admin fee / account holder

$110

$1,738-93.7%

$15,912-99.3%

$1,942-94.3%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC6 years

Service code 55 · EIN 13-2638166

Other Commissions

$29,783

BOWERS & COMPANY CPAS PLLC5 years

Filed as: BOWERS & COMPANY

Service code 10 · EIN 20-1317788

Accounting

$10,300

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$9,111

NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK ANESTHESIOLOGY MEDICAL SPECIALTIES, P.C. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING 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