Retirement plan

PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. 401(K) PROFIT SHARING PLAN

Name: PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. - PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. 401(K) PROFIT SHARING PLAN, PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C.

PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C.EIN 23-2828891Plan #002PY 2019

2603 KEISER BLVD STE 207 - WYOMISSING, PA 19610610-678-9200LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+35.2% from 2018

Total participants

+4.3% from 2018

Average account balance

$111,250

+29.6% from 2018

Annual return

30.81%

+36.84 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.61M

Not enough data

1 years with asset history on file

Average account balance

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

$234K

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.

184.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$130K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+25.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2041

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$22K

$1364 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.818%

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

$111,250

$103,038+8.0%

$90,324+23.2%

$152,909-27.2%

Participation rate

100.0%

75.9%+24.1pp

73.3%+26.7pp

82.5%+17.5pp

Annual return

30.81%

95.25%-64.4pp

78.15%-47.3pp

345.46%-314.7pp

Employer contribution / active EE

$1,619

$3,141-48.4%

$2,856-43.3%

$4,764-66.0%

Participant deferral / active EE

$3,793

$4,282-11.4%

$3,885-2.4%

$5,851-35.2%

Admin fee / account holder

$910

$6,177-85.3%

$5,356-83.0%

$11,601-92.2%

PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROSERPI-SCHLECHTER CENTER FOR PLASTIC SURGERY, P.C. 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