Retirement plan

CHARLES H.M. THORNE, M.D. 401(K)PROFIT SHARING PLAN

Name: CHARLES H.M. THORNE, M.D., PLLC - CHARLES H.M. THORNE, M.D. 401(K)PROFIT SHARING PLAN (2025) Form 5500
Creator: CHARLES H.M. THORNE, M.D., PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLES H.M. THORNE, M.D. 401(K)PROFIT SHARING PLAN, CHARLES H.M. THORNE, M.D., PLLC

CHARLES H.M. THORNE, M.D., PLLCEIN 20-2089642Plan #005PY 2025

812 PARK AVENUE - NEW YORK, NY 10021212-794-0044LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#006Retirement-$162K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$283K

-12.5% from 2024

Total participants

-20.0% from 2024

Average account balance

$70,639

+9.4% from 2024

Annual return

14.30%

-9.38 pp from 2024

Benchmarks

See 45,380 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort45,380 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$283K

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36713

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

$147K

$36713 / participant

Other / not subdivided$147K100.0%

% of EOY assets

51.973%

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

$70,639

$185,312-61.9%

$161,489-56.3%

$154,746-54.4%

Participation rate

100.0%

82.5%+17.5pp

78.7%+21.3pp

80.7%+19.3pp

Annual return

14.30%

103.84%-89.5pp

89.72%-75.4pp

172.34%-158.0pp

Employer contribution / active EE

$11,423

$4,769+139.5%

$4,268+167.6%

$4,379+160.8%

Participant deferral / active EE

$3,687

$6,350-41.9%

$5,630-34.5%

$6,730-45.2%

Admin fee / account holder

$36,713

$18,654+96.8%

$16,006+129.4%

$14,365+155.6%

CHARLES H.M. THORNE, M.D. 401(K)PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLES H.M. THORNE, M.D. 401(K)PROFIT SHARING 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