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 (2023) 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+13.4% from 2022

Total participants

-19.2% from 2022

Average account balance

$114,032

+20.5% from 2022

Annual return

19.33%

+40.02 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$186K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5657

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

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

$243K

$14295 / participant

Other / not subdivided$243K100.0%

% of EOY assets

13.320%

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

$114,032

$175,231-34.9%

$149,696-23.8%

$139,466-18.2%

Participation rate

70.6%

83.4%-12.8pp

78.8%-8.2pp

80.3%-9.7pp

Annual return

19.33%

166.77%-147.4pp

134.46%-115.1pp

373.66%-354.3pp

Employer contribution / active EE

$2,004

$5,478-63.4%

$4,821-58.4%

$4,754-57.9%

Participant deferral / active EE

$6,553

$6,521+0.5%

$5,682+15.3%

$6,712-2.4%

Admin fee / account holder

$15,189

$16,155-6.0%

$13,212+15.0%

$11,409+33.1%

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