Retirement plan

PREMIER CARDIOLOGY CONSULTANTS, PLLC PROFIT SHARING PLAN

Name: PREMIER CARDIOLOGY CONSULTANTS, PLLC - PREMIER CARDIOLOGY CONSULTANTS, PLLC PROFIT SHARING PLAN (2019) Form 5500
Creator: PREMIER CARDIOLOGY CONSULTANTS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER CARDIOLOGY CONSULTANTS, PLLC PROFIT SHARING PLAN, PREMIER CARDIOLOGY CONSULTANTS, PLLC

PREMIER CARDIOLOGY CONSULTANTS, PLLCEIN 20-1976532Plan #003PY 2019

2001 MARCUS AVENUE, STE E-249 - NEW HYDE PARK, NY 11042516-437-4600premiercardiology.comLinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$3.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.9M

+56.4% from 2018

Total participants

+22.4% from 2018

Average account balance

$22,801

+27.8% from 2018

Annual return

18.40%

+31.32 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.52M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

108.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$616K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1651

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

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

$22,801

$85,171-73.2%

$172,753-86.8%

$72,976-68.8%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

18.40%

27.32%-8.9pp

803.00%-784.6pp

81.02%-62.6pp

Employer contribution / active EE

$4,978

$3,324+49.7%

$5,144-3.2%

$2,440+104.0%

Participant deferral / active EE

$3,428

$3,260+5.2%

$5,198-34.0%

$3,608-5.0%

Admin fee / account holder

$5,880-100.0%

$13,956-100.0%

$5,124-100.0%

PREMIER CARDIOLOGY CONSULTANTS, PLLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PREMIER CARDIOLOGY CONSULTANTS, PLLC PROFIT SHARING 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