Retirement plan

HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. 401(K) PLAN

Name: HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. - HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. 401(K) PLAN (2020) Form 5500
Creator: HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. 401(K) PLAN, HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A.

HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A.EIN 22-2019177Plan #002PY 2020

350 ENGLE STREET, BERRIE BUILDING - ENGLEWOOD, NJ 07631201-568-5250englewoodhealthphysicians.orgLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$5.4M

+20.4% from 2019

Total participants

0.0% from 2019

Average account balance

$186,795

+20.4% from 2019

Annual return

11.48%

+7.80 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.94M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

106.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$519K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+23.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26572

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 codes2E2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).

Expense breakdown

Schedule H Part II

Admin total

$48K

$844 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.888%

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

$186,795

$91,198+104.8%

$178,503+4.6%

$79,856+133.9%

Participation rate

43.9%

69.2%-25.4pp

81.9%-38.1pp

69.6%-25.8pp

Annual return

11.48%

24.20%-12.7pp

151.12%-139.6pp

31.71%-20.2pp

Employer contribution / active EE

$2,775

$3,257-14.8%

$5,011-44.6%

$2,471+12.3%

Participant deferral / active EE

$4,680

$3,237+44.6%

$5,202-10.0%

$3,741+25.1%

Admin fee / account holder

$1,659

$6,748-75.4%

$13,987-88.1%

$5,306-68.7%

HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEMATOLOGY ONCOLOGY PHYSICIANS OF ENGLEWOOD, P.A. 401(K) 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