Retirement plan

THE R.ZUBOWSKI MD CEN FOR PLAS & RECON SURG 401K

Name: THE ROBERT ZUBOWSKI MD CENTER FOR PLASTIC & RECONSTRUCTIVE SURGERY - THE R.ZUBOWSKI MD CEN FOR PLAS & RECON SURG 401K (2018) Form 5500
Creator: THE ROBERT ZUBOWSKI MD CENTER FOR PLASTIC & RECONSTRUCTIVE SURGERY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE R.ZUBOWSKI MD CEN FOR PLAS & RECON SURG 401K, THE ROBERT ZUBOWSKI MD CENTER FOR PLASTIC & RECONSTRUCTIVE SURGERY

THE ROBERT ZUBOWSKI MD CENTER FOR PLASTIC & RECONSTRUCTIVE SURGERYEIN 20-0768907Plan #001PY 2018

ONE SEARS DRIVE - PARAMUS, NJ 07652201-261-7550drzubowski.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

-9.4% from 2017

Total participants

+11.1% from 2017

Average account balance

$172,588

-18.5% from 2017

Annual return

-5.31%

-19.77 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.50M

Not enough data

1 years with asset history on file

Average account balance

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

$325K

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.

153.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$222K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8496

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 codes2E2G2J3B3D2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$284K

$23664 / participant

Other / not subdivided$284K100.0%

% of EOY assets

8.227%

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

$172,588

$180,459-4.4%

$154,108+12.0%

$135,380+27.5%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

-5.31%

888.21%-893.5pp

735.21%-740.5pp

519.81%-525.1pp

Employer contribution / active EE

$2,890

$6,035-52.1%

$5,298-45.4%

$4,779-39.5%

Participant deferral / active EE

$7,623

$5,806+31.3%

$5,081+50.0%

$5,609+35.9%

Admin fee / account holder

$14,198

$16,145-12.1%

$13,411+5.9%

$10,828+31.1%

THE R.ZUBOWSKI MD CEN FOR PLAS & RECON SURG 401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE R.ZUBOWSKI MD CEN FOR PLAS & RECON SURG 401K

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