Retirement plan

ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN

Name: ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C. - ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN (2022) 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 2022

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)

$68.3M

-8.6% from 2021

Total participants

228

+8.6% from 2021

Average account balance

$314,747

-23.3% from 2021

Annual return

-12.61%

-32.61 pp from 2021

Benchmarks

See 5,345 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,345 peers

Snapshot2022

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 COMPANY3 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$8,311

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

$11K

$56 / participant

Investment mgmt$7K58.0%
Contract admin$5K42.0%

% of EOY assets

0.017%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$314,747

$65,125+383.3%

$143,797+118.9%

$66,949+370.1%

Participation rate

94.6%

65.2%+29.4pp

80.3%+14.3pp

69.8%+24.8pp

Annual return

-12.61%

-11.13%-1.5pp

-0.04%-12.6pp

1.57%-14.2pp

Employer contribution / active EE

$45,704

$2,362+1834.6%

$4,952+822.9%

$2,545+1695.6%

Participant deferral / active EE

$6,126

$2,920+109.8%

$5,638+8.7%

$4,239+44.5%

Admin fee / account holder

$53

$503-89.5%

$14,679-99.6%

$594-91.1%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$8,311

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