Retirement plan

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN

Name: ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. - ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN (2020) Form 5500
Creator: ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN, ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.EIN 25-1836154Plan #001PY 2020

875 POPLAR CHURCH RD. , STE 320 - CAMP HILL, PA 17011717-763-7400askaop.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.8M

+18.9% from 2019

Total participants

+4.8% from 2019

Average account balance

$183,965

+15.2% from 2019

Annual return

17.76%

-7.92 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.32M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

190.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$640K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35594

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 codes2E2G2J2T3D

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.
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

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

$493K

$11454 / participant

Other / not subdivided$493K100.0%

% of EOY assets

4.183%

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

$183,965

$91,179+101.8%

$178,499+3.1%

$79,852+130.4%

Participation rate

95.3%

69.2%+26.1pp

81.9%+13.4pp

69.6%+25.7pp

Annual return

17.76%

24.19%-6.4pp

151.10%-133.3pp

31.72%-14.0pp

Employer contribution / active EE

$7,026

$3,256+115.8%

$5,011+40.2%

$2,471+184.3%

Participant deferral / active EE

$6,061

$3,236+87.3%

$5,202+16.5%

$3,740+62.1%

Admin fee / account holder

$7,696

$6,749+14.0%

$13,986-45.0%

$5,306+45.0%

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 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