Retirement plan

S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC PROFIT SHARING PLAN

Name: S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC - S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC PROFIT SHARING PLAN (2024) Form 5500
Creator: S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC PROFIT SHARING PLAN, S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC

S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLCEIN 20-2775993Plan #003PY 2024

102 MADISON AVENUE, 8TH FLOOR - NEW YORK, NY 10016646-841-1404

Other plans on this EIN

2 filings

#002Retirement-$15.3M assets #004Retirement-$3.0M assets

Prospect flagsLow returnsHigh cashLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.2M

+28.5% from 2023

Total participants

206

+41.1% from 2023

Average account balance

$6,009

-48.8% from 2023

Annual return

9.82%

+0.55 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24M

Not enough data

1 years with asset history on file

Average account balance

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

$6K

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.

206

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

$180K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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

1 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 codes2A2E3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$9K

$59 / participant

Investment mgmt$9K100.0%

% of EOY assets

0.700%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,009

$55,470-89.2%

$155,556-96.1%

$74,478-91.9%

Participation rate

100.0%

61.9%+38.1pp

78.2%+21.8pp

67.2%+32.8pp

Annual return

9.82%

269.80%-260.0pp

64.84%-55.0pp

1370.56%-1360.7pp

Employer contribution / active EE

$1,235

$2,267-45.5%

$4,675-73.6%

$2,626-53.0%

Participant deferral / active EE

$2,838-100.0%

$5,631-100.0%

$4,350-100.0%

Admin fee / account holder

$42

$1,744-97.6%

$15,885-99.7%

$1,946-97.8%

S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC 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