Retirement plan

PRINCETON ALLERGY & ASTHMA ASSOCIATES, P. A. 401(K) SAVINGS PLAN & TRUST

Name: PRINCETON ALLERGY & ASTHMA ASSOCIATES, P.A. - PRINCETON ALLERGY & ASTHMA ASSOCIATES, P. A. 401(K) SAVINGS PLAN & TRUST (2021) Form 5500
Creator: PRINCETON ALLERGY & ASTHMA ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRINCETON ALLERGY & ASTHMA ASSOCIATES, P. A. 401(K) SAVINGS PLAN & TRUST, PRINCETON ALLERGY & ASTHMA ASSOCIATES, P.A.

PRINCETON ALLERGY & ASTHMA ASSOCIATES, P.A.EIN 22-2117138Plan #002PY 2021

24 VREELAND DRIVE - SKILLMAN, NJ 08558609-921-2202princetonallergy.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.4M

+5.1% from 2020

Total participants

-7.5% from 2020

Average account balance

$192,572

+13.7% from 2020

Annual return

12.35%

-43.82 pp from 2020

Benchmarks

See 18,809 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,809 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.37M

Not enough data

1 years with asset history on file

Average account balance

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

$194K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$210K

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24893

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 codes2E2G2J3D

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.
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

$938K

$28419 / participant

Other / not subdivided$938K100.0%

% of EOY assets

9.939%

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

$192,572

$95,383+101.9%

$185,837+3.6%

$85,856+124.3%

Participation rate

100.0%

68.8%+31.2pp

81.7%+18.3pp

69.3%+30.7pp

Annual return

12.35%

23.59%-11.2pp

122.08%-109.7pp

318.58%-306.2pp

Employer contribution / active EE

$2,029

$3,313-38.8%

$5,168-60.7%

$2,565-20.9%

Participant deferral / active EE

$6,607

$3,423+93.0%

$5,568+18.6%

$3,952+67.2%

Admin fee / account holder

$19,139

$7,213+165.4%

$16,241+17.8%

$6,261+205.7%

PRINCETON ALLERGY & ASTHMA ASSOCIATES, P. A. 401(K) SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRINCETON ALLERGY & ASTHMA ASSOCIATES, P. A. 401(K) SAVINGS PLAN & TRUST

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