Retirement plan

SOUTHWEST PEDIATRICS & ADOLESCENT MEDICINE, P.A. 401(K) PROFIT SHARING PLAN

Name: SOUTHWEST PEDIATRICS AND ADOLESCENT MEDICINE, P.A. - SOUTHWEST PEDIATRICS & ADOLESCENT MEDICINE, P.A. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: SOUTHWEST PEDIATRICS AND ADOLESCENT MEDICINE, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST PEDIATRICS & ADOLESCENT MEDICINE, P.A. 401(K) PROFIT SHARING PLAN, SOUTHWEST PEDIATRICS AND ADOLESCENT MEDICINE, P.A.

SOUTHWEST PEDIATRICS AND ADOLESCENT MEDICINE, P.A.EIN 26-4157775Plan #001PY 2021

117 WEST 4TH STREET - LIBERAL, KS 679013224620-624-5066LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.5M

+21.9% from 2020

Total participants

-16.7% from 2020

Average account balance

$387,293

+21.9% from 2020

Annual return

16.60%

+0.11 pp from 2020

Benchmarks

See 103,200 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,200 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$581K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+17.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5494

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 codes2E2G2J2R3D2F

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$15K

$2933 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.947%

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

$387,293

$217,427+78.1%

$185,837+108.4%

$167,518+131.2%

Participation rate

80.0%

86.0%-6.0pp

81.7%-1.7pp

82.1%-2.1pp

Annual return

16.60%

148.39%-131.8pp

122.08%-105.5pp

478.71%-462.1pp

Employer contribution / active EE

$2,481

$5,874-57.8%

$5,168-52.0%

$4,838-48.7%

Participant deferral / active EE

$10,920

$6,357+71.8%

$5,568+96.1%

$6,342+72.2%

Admin fee / account holder

$3,666

$19,816-81.5%

$16,241-77.4%

$12,312-70.2%

SOUTHWEST PEDIATRICS & ADOLESCENT MEDICINE, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST PEDIATRICS & ADOLESCENT MEDICINE, P.A. 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