Retirement plan

KIDNEY SPECIALISTS OF NEW MEXICO, P.C. PROFIT SHARING PLAN

Name: KIDNEY SPECIALISTS OF NEW MEXICO, P.C. - KIDNEY SPECIALISTS OF NEW MEXICO, P.C. PROFIT SHARING PLAN (2015) Form 5500
Creator: KIDNEY SPECIALISTS OF NEW MEXICO, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIDNEY SPECIALISTS OF NEW MEXICO, P.C. PROFIT SHARING PLAN, KIDNEY SPECIALISTS OF NEW MEXICO, P.C.

KIDNEY SPECIALISTS OF NEW MEXICO, P.C.EIN 26-2128077Plan #002PY 2015

200 OAK STREET N.E. STE 7 - ALBUQUERQUE, NM 87106505-884-4545kidneyspecialistsofnm.comLinkedIn1-10 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$103K

No prior year

Total participants

No prior year

Average account balance

$34,335

No prior year

Annual return

-4.86%

No prior year

Benchmarks

See 102,328 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,328 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.42M

Not enough data

1 years with asset history on file

Average account balance

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

$203K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+22.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16952

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$10K

$5246 / participant

Other / not subdivided$10K100.0%

% of EOY assets

10.185%

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

$34,335

$168,635-79.6%

$147,617-76.7%

$125,389-72.6%

Participation rate

100.0%

88.8%+11.2pp

84.6%+15.4pp

83.2%+16.8pp

Annual return

-4.86%

77.65%-82.5pp

61.98%-66.8pp

282.24%-287.1pp

Employer contribution / active EE

$25,183

$6,252+302.8%

$5,564+352.6%

$4,866+417.5%

Participant deferral / active EE

$9,051

$5,507+64.3%

$4,895+84.9%

$5,352+69.1%

Admin fee / account holder

$3,497

$13,580-74.2%

$11,612-69.9%

$9,541-63.3%

KIDNEY SPECIALISTS OF NEW MEXICO, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIDNEY SPECIALISTS OF NEW MEXICO, P.C. 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