Retirement plan

MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN

Name: MARGIOTTI & KROLL PEDIATRICS, P.C. - MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: MARGIOTTI & KROLL PEDIATRICS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN, MARGIOTTI & KROLL PEDIATRICS, P.C.

MARGIOTTI & KROLL PEDIATRICS, P.C.EIN 23-3045289Plan #001PY 2024

4829 EAST STREET ROAD SUITE 100 - TREVOSE, PA 19053215-968-5800mkpeds.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$8.1M

+4.5% from 2023

Total participants

123

+0.8% from 2023

Average account balance

$66,884

+5.4% from 2023

Annual return

10.40%

-5.35 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.09M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

121

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$506K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
AVANTAX INSURANCE AGENCY LLC1 year Filed as: AVANTAX INVESTMENT SERVICES INC Service code 27	Advisory (Plan)	$18,153
SIEGEL ACTUARIAL CONSULTING, INC.1 year Service code 13	Contract Administrator	$1,850
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64	Recordkeeping Fees	$1,063

Plan features & details

Pension benefit codes2E2F2J2T3D

Plan features

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).
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$14 / participant

Investment mgmt$1K100.0%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STELMACK DOBRANSKY & EANNANCE, LLC
Auditor EIN: 251900686
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,884

$81,358-17.8%

$155,556-57.0%

$80,959-17.4%

Participation rate

97.5%

66.3%+31.2pp

78.2%+19.3pp

67.7%+29.8pp

Annual return

10.40%

33.39%-23.0pp

64.84%-54.4pp

35.67%-25.3pp

Employer contribution / active EE

$2,251

$3,106-27.5%

$4,675-51.9%

$2,757-18.4%

Participant deferral / active EE

$4,079

$3,455+18.0%

$5,631-27.6%

$4,300-5.1%

Admin fee / account holder

$7,994-99.9%

$15,885-99.9%

$6,925-99.9%

Provider

Service type

Compensation

AVANTAX INSURANCE AGENCY LLC1 year

Filed as: AVANTAX INVESTMENT SERVICES INC

Service code 27

Advisory (Plan)

$18,153

SIEGEL ACTUARIAL CONSULTING, INC.1 year

Service code 13

Contract Administrator

$1,850

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

Recordkeeping Fees

$1,063

MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARGIOTTI & KROLL PEDIATRICS, 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