Retirement plan

ASSOCIATES IN ANESTHESIA, INC. 401(K) PLAN

Name: ASSOCIATES IN ANESTHESIA, INC. - ASSOCIATES IN ANESTHESIA, INC. 401(K) PLAN (2020) Form 5500
Creator: ASSOCIATES IN ANESTHESIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATES IN ANESTHESIA, INC. 401(K) PLAN, ASSOCIATES IN ANESTHESIA, INC.

ASSOCIATES IN ANESTHESIA, INC.EIN 23-1633403Plan #001PY 2020

30 MEDICAL CENTER BLVD., POB 1, SUITE 305 - UPLAND, PA 19013610-874-4147aiamd.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$36.2M

+10.7% from 2019

Total participants

142

+25.7% from 2019

Average account balance

$278,627

-3.8% from 2019

Annual return

12.76%

-4.70 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.26M

Not enough data

1 years with asset history on file

Average account balance

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

$358K

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.

132

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.

60.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1791

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
O'BRIEN GREENE & CO., INC.4 years Service code 15 218 W STATE STREET · MEDIA, PA 19063	Recordkeeping	$157,856
TD AMERITRADE, INC.4 years Filed as: TD AMERITRADE TRUST COMPANY Service code 13 · EIN 20-0937408	Contract Administrator	$17,321
RAINER & COMPANY5 years Service code 10 · EIN 23-2183936	Accounting	$15,840

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$191K

$1837 / participant

Investment mgmt$167K87.6%
Contract admin$8K4.1%
Other / not subdivided$16K8.3%

% of EOY assets

0.527%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RAINER & COMPANY
Auditor EIN: 232183936
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$278,627

$58,895+373.1%

$178,503+56.1%

$73,497+279.1%

Participation rate

88.5%

66.2%+22.2pp

81.9%+6.5pp

70.7%+17.8pp

Annual return

12.76%

24.86%-12.1pp

151.12%-138.4pp

28.51%-15.8pp

Employer contribution / active EE

$7,294

$2,236+226.2%

$5,011+45.5%

$2,270+221.3%

Participant deferral / active EE

$7,052

$2,567+174.7%

$5,202+35.6%

$3,740+88.6%

Admin fee / account holder

$1,469

$400+267.0%

$13,987-89.5%

$513+186.4%

Provider

Service type

Compensation

O'BRIEN GREENE & CO., INC.4 years

Service code 15

218 W STATE STREET · MEDIA, PA 19063

Recordkeeping

$157,856

TD AMERITRADE, INC.4 years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 13 · EIN 20-0937408

Contract Administrator

$17,321

RAINER & COMPANY5 years

Service code 10 · EIN 23-2183936

Accounting

$15,840

ASSOCIATES IN ANESTHESIA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATES IN ANESTHESIA, INC. 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