Retirement plan

ANESTIPLUS, INC. 401(K) PROFIT SHARING PLAN

Name: ANESTIPLUS ANESTHESIA SERVICES, INC. - ANESTIPLUS, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: ANESTIPLUS ANESTHESIA SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTIPLUS, INC. 401(K) PROFIT SHARING PLAN, ANESTIPLUS ANESTHESIA SERVICES, INC.

ANESTIPLUS ANESTHESIA SERVICES, INC.EIN 20-2221052Plan #001PY 2021

123. W. GERMANTOWN PIKE, SUITE 2 - EAST NORRITON, PA 19401610-278-7456LinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesHigh assets / participantLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$4.2M

+19.7% from 2020

Total participants

+7.7% from 2020

Average account balance

$354,081

+9.7% from 2020

Annual return

15.09%

+4.84 pp from 2020

Benchmarks

See 103,200 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,200 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.61M

Not enough data

1 years with asset history on file

Average account balance

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

$361K

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

$140K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+9.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7638

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 codes2E2F2G2J3D

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.
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

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$45K

$3448 / participant

Other / not subdivided$45K100.0%

% of EOY assets

1.055%

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

$354,081

$217,427+62.9%

$185,837+90.5%

$167,518+111.4%

Participation rate

84.6%

86.0%-1.4pp

81.7%+2.9pp

82.1%+2.5pp

Annual return

15.09%

148.39%-133.3pp

122.08%-107.0pp

478.71%-463.6pp

Employer contribution / active EE

$66

$5,874-98.9%

$5,168-98.7%

$4,838-98.6%

Participant deferral / active EE

$14,893

$6,357+134.3%

$5,568+167.5%

$6,342+134.8%

Admin fee / account holder

$3,736

$19,816-81.1%

$16,241-77.0%

$12,312-69.7%

ANESTIPLUS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTIPLUS, INC. 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