Retirement plan

UROLOGICAL ASSOCIATES OF CENTRAL JERSEY PA PROFIT SHARING PLAN

Name: UROLOGICAL ASSOCIATES OF CENTRAL JERSEY P.A. - UROLOGICAL ASSOCIATES OF CENTRAL JERSEY PA PROFIT SHARING PLAN (2020) Form 5500
Creator: UROLOGICAL ASSOCIATES OF CENTRAL JERSEY P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UROLOGICAL ASSOCIATES OF CENTRAL JERSEY PA PROFIT SHARING PLAN, UROLOGICAL ASSOCIATES OF CENTRAL JERSEY P.A.

UROLOGICAL ASSOCIATES OF CENTRAL JERSEY P.A.EIN 22-3061531Plan #001PY 2020

2177 OAK TREE ROAD, SUITE 210 - EDISON, NJ 08820908-754-2100LinkedIn11-50 employeesmedical practice

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+17.6% from 2019

Total participants

+16.7% from 2019

Average account balance

$140,601

+0.8% from 2019

Annual return

13.14%

-10.00 pp from 2019

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.47M

Not enough data

1 years with asset history on file

Average account balance

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

$206K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1878

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 codes2E2H2J3D2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$135

$23 / participant

Other / not subdivided$135100.0%

% of EOY assets

0.007%

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

$140,601

$209,425-32.9%

$178,499-21.2%

$158,966-11.6%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

13.14%

188.80%-175.7pp

151.10%-138.0pp

302.95%-289.8pp

Employer contribution / active EE

$12,220

$5,707+114.1%

$5,011+143.8%

$4,762+156.6%

Participant deferral / active EE

$183

$5,955-96.9%

$5,202-96.5%

$5,983-96.9%

Admin fee / account holder

$10

$17,078-99.9%

$13,986-99.9%

$11,250-99.9%

UROLOGICAL ASSOCIATES OF CENTRAL JERSEY PA PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UROLOGICAL ASSOCIATES OF CENTRAL JERSEY PA 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