Retirement plan

ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN

Name: ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C. - ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN (2021) Form 5500
Creator: ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN, ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C.

ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C.EIN 23-2748823Plan #002PY 2021

ONE WEST BROAD STREET, SUITE 506 - BETHLEHEM, PA 18018610-954-5810anesthesiabethlehem.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$74.7M

+29.0% from 2020

Total participants

210

+31.3% from 2020

Average account balance

$410,505

+0.6% from 2020

Annual return

20.00%

+10.29 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$104.14M

Not enough data

1 years with asset history on file

Average account balance

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

$397K

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.

262

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.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+13.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$80

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$4,639

Plan features & details

Pension benefit codes2E2G2J2R2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$7K

$37 / participant

Investment mgmt$4K58.3%
Contract admin$3K41.7%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CONCANNON, MILLER & CO., P.C.
Auditor EIN: 232620120
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$410,505

$61,172+571.1%

$185,851+120.9%

$79,389+417.1%

Participation rate

85.4%

66.6%+18.8pp

81.7%+3.7pp

70.7%+14.7pp

Annual return

20.00%

19.45%+0.6pp

122.11%-102.1pp

116.89%-96.9pp

Employer contribution / active EE

$39,867

$2,321+1617.9%

$5,168+671.3%

$2,428+1542.0%

Participant deferral / active EE

$5,734

$2,788+105.7%

$5,569+3.0%

$4,046+41.7%

Admin fee / account holder

$39

$710-94.5%

$16,245-99.8%

$626-93.8%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$4,639

ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIA SPECIALISTS OF BETHLEHEM, 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