Retirement plan

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

Name: S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC - S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC CASH BALANCE PLAN (2021) 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 CASH BALANCE PLAN, S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLC

S.P.E.A.R. PHYSICAL AND OCCUPATIONAL THERAPY, LLCEIN 20-2775993Plan #004PY 2021

307 FIFTH AVENUE - NEW YORK, NY 10016646-841-1404

Other plans on this EIN

2 filings

#002Retirement-$7.7M assets #003Retirement-$620K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$1.7M

+39.1% from 2020

Total participants

+73.3% from 2020

Average account balance

$32,789

No prior year

Annual return

8.49%

-0.55 pp from 2020

Benchmarks

See 843 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants25-99

Cohort843 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.03M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$300K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

See the 7-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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.

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1B1C3D3H

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,789

$54,982-40.4%

$227,282-85.6%

$95,044-65.5%

Participation rate

100.0%

24.0%+76.0pp

35.4%+64.6pp

8.4%+91.6pp

Annual return

8.49%

9.11%-0.6pp

10.75%-2.3pp

18.34%-9.9pp

Employer contribution / active EE

$7,508

$16,122-53.4%

$35,162-78.6%

$14,665-48.8%

Participant deferral / active EE

$43-100.0%

$82-100.0%

$70-100.0%

Admin fee / account holder

$3,192-100.0%

$4,611-100.0%

$9,141-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Audit opinioni

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion