Retirement plan

PIONEER VALLEY GASTROENTEROLGY ASSOCIATES,P.C. 401(K) PLAN AND TRUST

Name: PIONEER VALLEY GASTROENTEROLOGY ASSOCIATES, P.C. - PIONEER VALLEY GASTROENTEROLGY ASSOCIATES,P.C. 401(K) PLAN AND TRUST (2020) Form 5500
Creator: PIONEER VALLEY GASTROENTEROLOGY ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIONEER VALLEY GASTROENTEROLGY ASSOCIATES,P.C. 401(K) PLAN AND TRUST, PIONEER VALLEY GASTROENTEROLOGY ASSOCIATES, P.C.

PIONEER VALLEY GASTROENTEROLOGY ASSOCIATES, P.C.EIN 26-3820127Plan #001PY 2020

10 HOSPITAL DRIVE, SUITE 102 - HOLYOKE, MA 01040413-534-1124LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+17.6% from 2019

Total participants

0.0% from 2019

Average account balance

$198,297

+17.6% from 2019

Annual return

13.39%

-5.65 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$291K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3740

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 codes2E2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$18K

$2925 / participant

Other / not subdivided$18K100.0%

% of EOY assets

1.264%

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

$198,297

$209,428-5.3%

$178,498+11.1%

$158,950+24.8%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

13.39%

188.78%-175.4pp

151.09%-137.7pp

302.91%-289.5pp

Employer contribution / active EE

$3,496

$5,707-38.7%

$5,011-30.2%

$4,762-26.6%

Participant deferral / active EE

$4,859

$5,955-18.4%

$5,202-6.6%

$5,983-18.8%

Admin fee / account holder

$2,507

$17,077-85.3%

$13,985-82.1%

$11,248-77.7%

PIONEER VALLEY GASTROENTEROLGY ASSOCIATES,P.C. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIONEER VALLEY GASTROENTEROLGY ASSOCIATES,P.C. 401(K) PLAN AND TRUST

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