Retirement plan

ZHIJUN WANG, M.D., INC. 401(K) PLAN

Name: ZHIJUN WANG, M.D., INC. - ZHIJUN WANG, M.D., INC. 401(K) PLAN (2024) Form 5500
Creator: ZHIJUN WANG, M.D., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZHIJUN WANG, M.D., INC. 401(K) PLAN, ZHIJUN WANG, M.D., INC.

ZHIJUN WANG, M.D., INC.EIN 16-1697032Plan #002PY 2024

22 ODYSSEY, SUITE 105 - IRVINE, CA 92618949-733-0988LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$6.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.6M

+26.5% from 2023

Total participants

+16.7% from 2023

Average account balance

$226,582

+8.5% from 2023

Annual return

22.77%

-8.58 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$227K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+22.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D

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.
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.

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

$226,582

$183,539+23.5%

$155,556+45.7%

$145,897+55.3%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

22.77%

61.31%-38.5pp

64.84%-42.1pp

552.29%-529.5pp

Employer contribution / active EE

$2,807

$5,315-47.2%

$4,675-40.0%

$4,663-39.8%

Participant deferral / active EE

$5,083

$6,467-21.4%

$5,631-9.7%

$6,689-24.0%

Admin fee / account holder

$19,275-100.0%

$15,885-100.0%

$13,390-100.0%

ZHIJUN WANG, M.D., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ZHIJUN WANG, M.D., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion