Retirement plan

BRESCIA & MIGLIACCIO, M.D., P.C. PROFIT SHARING RETIREMENT PLAN

Name: BRESCIA & MIGLIACCIO, M.D., P.C. - BRESCIA & MIGLIACCIO, M.D., P.C. PROFIT SHARING RETIREMENT PLAN (2018) Form 5500
Creator: BRESCIA & MIGLIACCIO, M.D., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRESCIA & MIGLIACCIO, M.D., P.C. PROFIT SHARING RETIREMENT PLAN, BRESCIA & MIGLIACCIO, M.D., P.C.

BRESCIA & MIGLIACCIO, M.D., P.C.EIN 16-1759989Plan #002PY 2018

609 WASHINGTON STREET - HOBOKEN, NJ 07030201-659-7700LinkedIn51-200 employeesmedical practice

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

+0.5% from 2017

Total participants

+7.2% from 2017

Average account balance

$14,321

-6.4% from 2017

Annual return

-3.95%

-4.17 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

$1.40M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$382

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

+10.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1153

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 codes2E2J2G3D

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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$468 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.616%

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

$14,321

$75,962-81.1%

$154,108-90.7%

$64,173-77.7%

Participation rate

95.3%

70.4%+24.9pp

83.0%+12.3pp

69.6%+25.8pp

Annual return

-3.95%

30.32%-34.3pp

735.21%-739.2pp

7.63%-11.6pp

Employer contribution / active EE

$1,758

$3,350-47.5%

$5,298-66.8%

$2,381-26.2%

Participant deferral / active EE

$3,175-100.0%

$5,081-100.0%

$3,470-100.0%

Admin fee / account holder

$231

$5,589-95.9%

$13,411-98.3%

$4,887-95.3%

BRESCIA & MIGLIACCIO, M.D., P.C. PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRESCIA & MIGLIACCIO, M.D., P.C. PROFIT SHARING 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