Retirement plan

TAREK HASSANEIN, M.D. 401(K) PROFIT SHARING PLAN

Name: TAREK HASSANEIN, M.D. - TAREK HASSANEIN, M.D. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: TAREK HASSANEIN, M.D.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAREK HASSANEIN, M.D. 401(K) PROFIT SHARING PLAN, TAREK HASSANEIN, M.D.

TAREK HASSANEIN, M.D.EIN 26-2940211Plan #003PY 2021

14910 VIA LA SENDA - DEL MAR, CA 92014619-990-1698LinkedIn1-10 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#002Retirement-$3.1M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2.6M

+18.3% from 2020

Total participants

+27.1% from 2020

Average account balance

$31,176

-2.6% from 2020

Annual return

7.46%

-2.12 pp from 2020

Benchmarks

See 18,803 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,803 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.91M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

106

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$350K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1665

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 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

$10K

$279 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.368%

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

$31,176

$95,415-67.3%

$185,851-83.2%

$85,851-63.7%

Participation rate

88.6%

68.8%+19.8pp

81.7%+6.9pp

69.3%+19.3pp

Annual return

7.46%

23.59%-16.1pp

122.11%-114.6pp

318.63%-311.2pp

Employer contribution / active EE

$4,647

$3,314+40.2%

$5,168-10.1%

$2,565+81.1%

Participant deferral / active EE

$2,386

$3,424-30.3%

$5,569-57.1%

$3,952-39.6%

Admin fee / account holder

$115

$7,215-98.4%

$16,245-99.3%

$6,261-98.2%

TAREK HASSANEIN, M.D. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAREK HASSANEIN, M.D. 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