Retirement plan

ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN

Name: ANESTHESIA SPECIALISTS OF BETHLEHEM, P.C. - ANESTHESIA SPECIALISTS OF BETHLEHEM, 401(K) PLAN (2023) 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 2023

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)

$85.5M

+25.1% from 2022

Total participants

253

+11.0% from 2022

Average account balance

$369,962

+17.5% from 2022

Annual return

18.45%

+31.06 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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 COMPANY4 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$11,405

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

$15K

$66 / participant

Investment mgmt$5K35.7%
Contract admin$6K40.1%
Other / not subdivided$4K24.3%

% of EOY assets

0.018%

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: $3,656
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$369,962

$61,391+502.6%

$149,723+147.1%

$71,529+417.2%

Participation rate

90.3%

62.5%+27.8pp

78.8%+11.5pp

67.9%+22.4pp

Annual return

18.45%

35.88%-17.4pp

134.50%-116.0pp

28.97%-10.5pp

Employer contribution / active EE

$45,533

$2,384+1810.3%

$4,821+844.4%

$2,590+1658.2%

Participant deferral / active EE

$6,155

$2,921+110.7%

$5,682+8.3%

$4,291+43.4%

Admin fee / account holder

$65

$1,264-94.8%

$13,215-99.5%

$1,588-95.9%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY4 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$11,405

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