Retirement plan

AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. 401(K) PROFIT SHARING PLAN

Name: AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. - AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. 401(K) PROFIT SHARING PLAN, AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC.

AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC.EIN 22-3396095Plan #001PY 2021

41 ARTHUR STREET - EAST BRUNSWICK, NJ 08816800-955-7483

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.9M

+8.9% from 2020

Total participants

-8.0% from 2020

Average account balance

$107,134

+27.1% from 2020

Annual return

12.83%

-3.65 pp from 2020

Benchmarks

See 103,200 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,200 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.26M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$171K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26209

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 codes2E2F2G2J3D

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).
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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$169K

$12061 / participant

Other / not subdivided$169K100.0%

% of EOY assets

8.756%

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

$107,134

$217,427-50.7%

$185,837-42.4%

$167,518-36.0%

Participation rate

64.3%

86.0%-21.8pp

81.7%-17.4pp

82.1%-17.8pp

Annual return

12.83%

148.39%-135.6pp

122.08%-109.2pp

478.71%-465.9pp

Employer contribution / active EE

$1,925

$5,874-67.2%

$5,168-62.8%

$4,838-60.2%

Participant deferral / active EE

$5,204

$6,357-18.1%

$5,568-6.5%

$6,342-17.9%

Admin fee / account holder

$9,381

$19,816-52.7%

$16,241-42.2%

$12,312-23.8%

AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN SURGISITE MANAGEMENT SERVICES ORGANIZATION, INC. 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