Retirement plan

CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA 401(K) PLAN

Name: CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA - CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA 401(K) PLAN (2020) Form 5500
Creator: CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA 401(K) PLAN, CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA

CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PAEIN 20-0337721Plan #001PY 2020

10650 WEST STATE ROAD 84 - DAVIE, FL 33324954-382-1550southflcardio.comLinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$1.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+22.8% from 2019

Total participants

+7.4% from 2019

Average account balance

$86,477

+14.3% from 2019

Annual return

19.69%

-2.96 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.65M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

204.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$672

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

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

$74K

$3725 / participant

Other / not subdivided$74K100.0%

% of EOY assets

2.970%

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

$86,477

$209,428-58.7%

$178,498-51.6%

$158,950-45.6%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

19.69%

188.78%-169.1pp

151.09%-131.4pp

302.91%-283.2pp

Employer contribution / active EE

$2,676

$5,707-53.1%

$5,011-46.6%

$4,762-43.8%

Participant deferral / active EE

$3,352

$5,955-43.7%

$5,202-35.6%

$5,983-44.0%

Admin fee / account holder

$2,569

$17,077-85.0%

$13,985-81.6%

$11,248-77.2%

CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARDIOVASCULAR SPECIALISTS OF SOUTH FLORIDA, PA 401(K) 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