Retirement plan

AARON SPINGARN, MD PC 401K PROFIT SHARING PLAN

Name: AARON SPINGARN, MD PC - AARON SPINGARN, MD PC 401K PROFIT SHARING PLAN (2021) Form 5500
Creator: AARON SPINGARN, MD PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AARON SPINGARN, MD PC 401K PROFIT SHARING PLAN, AARON SPINGARN, MD PC

AARON SPINGARN, MD PCEIN 20-5223762Plan #002PY 2021

141 SOUTH CENTRAL AVE #100 - HARTSDALE, NY 10530914-686-3950

Other plans on this EIN

1 filing

#001Retirement-$3.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$628K

+20.0% from 2020

Total participants

-14.3% from 2020

Average account balance

$104,604

+40.0% from 2020

Annual return

11.86%

-23.58 pp from 2020

Benchmarks

See 103,217 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,217 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$688K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

240.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

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

+4.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$5K

$1615 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.772%

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

$104,604

$217,392-51.9%

$185,818-43.7%

$167,497-37.5%

Participation rate

100.0%

86.0%+14.0pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

11.86%

148.37%-136.5pp

122.06%-110.2pp

478.62%-466.8pp

Employer contribution / active EE

$7,181

$5,873+22.3%

$5,168+39.0%

$4,838+48.4%

Participant deferral / active EE

$8,667

$6,357+36.3%

$5,568+55.6%

$6,341+36.7%

Admin fee / account holder

$807

$19,813-95.9%

$16,239-95.0%

$12,310-93.4%

AARON SPINGARN, MD PC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AARON SPINGARN, MD PC 401K 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