Retirement plan

CHINATOWN KIDNEY CARE PLLC PROFIT SHARING 401K PLAN

Name: CHINATOWN KIDNEY CARE PLLC - CHINATOWN KIDNEY CARE PLLC PROFIT SHARING 401K PLAN (2024) Form 5500
Creator: CHINATOWN KIDNEY CARE PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHINATOWN KIDNEY CARE PLLC PROFIT SHARING 401K PLAN, CHINATOWN KIDNEY CARE PLLC

CHINATOWN KIDNEY CARE PLLCEIN 20-1837483Plan #002PY 2024

139 CENTRE STREET #703 - NEW YORK, NY 10013212-966-0808LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$5.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+62.8% from 2023

Total participants

+16.7% from 2023

Average account balance

$72,424

+39.5% from 2023

Annual return

57.05%

+54.36 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.53M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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

$260K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+57.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4881

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 codes2D2E2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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

$171K

$5695 / participant

Other / not subdivided$171K100.0%

% of EOY assets

6.740%

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

$72,424

$81,233-10.8%

$155,567-53.4%

$80,874-10.4%

Participation rate

100.0%

66.2%+33.8pp

78.2%+21.8pp

67.6%+32.4pp

Annual return

57.05%

33.33%+23.7pp

64.74%-7.7pp

35.62%+21.4pp

Employer contribution / active EE

$4,084

$3,101+31.7%

$4,674-12.6%

$2,756+48.2%

Participant deferral / active EE

$4,583

$3,452+32.8%

$5,628-18.6%

$4,297+6.7%

Admin fee / account holder

$4,881

$7,998-39.0%

$15,916-69.3%

$6,935-29.6%

CHINATOWN KIDNEY CARE PLLC PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHINATOWN KIDNEY CARE PLLC PROFIT SHARING 401K 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