Retirement plan

MICHAEL T. SNITZER, MD, LLC 401(K) PROFIT SHARING PLAN

Name: MICHAEL T. SNITZER, M.D., LTD. - MICHAEL T. SNITZER, MD, LLC 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: MICHAEL T. SNITZER, M.D., LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHAEL T. SNITZER, MD, LLC 401(K) PROFIT SHARING PLAN, MICHAEL T. SNITZER, M.D., LTD.

MICHAEL T. SNITZER, M.D., LTD.EIN 20-3748993Plan #001PY 2025

735 NILES CORTLAND RD SE - WARREN, OH 44484330-856-6096LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$789K

-28.3% from 2024

Total participants

-8.3% from 2024

Average account balance

$78,889

-13.9% from 2024

Annual return

16.27%

+8.08 pp from 2024

Benchmarks

See 66,971 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort66,971 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$789K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57769

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 codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$578K

$57769 / participant

Other / not subdivided$578K100.0%

% of EOY assets

73.228%

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

$78,889

$174,379-54.8%

$152,093-48.1%

$138,895-43.2%

Participation rate

90.0%

81.6%+8.4pp

77.8%+12.2pp

79.9%+10.1pp

Annual return

16.27%

74.86%-58.6pp

66.36%-50.1pp

145.39%-129.1pp

Employer contribution / active EE

$1,987

$4,652-57.3%

$4,175-52.4%

$4,194-52.6%

Participant deferral / active EE

$6,772

$6,159+9.9%

$5,451+24.2%

$6,396+5.9%

Admin fee / account holder

$57,769

$16,880+242.2%

$14,497+298.5%

$12,562+359.9%

MICHAEL T. SNITZER, MD, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICHAEL T. SNITZER, MD, LLC 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