Retirement plan

CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC. 401(K) PLAN

Name: CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC. - CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC. 401(K) PLAN (2023) Form 5500
Creator: CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC. 401(K) PLAN, CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC.

CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC.EIN 27-1434580Plan #002PY 2023

18575 GALE AVE STE 168 - CITY OF INDUSTRY, CA 917481384626-810-0689LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$3.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$802K

+33.0% from 2022

Total participants

0.0% from 2022

Average account balance

$72,936

+33.0% from 2022

Annual return

21.23%

+40.01 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$997K

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2J

Plan features

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

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

$11K

$1057 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.318%

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

$72,936

$175,259-58.4%

$149,723-51.3%

$139,487-47.7%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

21.23%

166.82%-145.6pp

134.50%-113.3pp

373.84%-352.6pp

Employer contribution / active EE

$2,190

$5,478-60.0%

$4,821-54.6%

$4,755-53.9%

Participant deferral / active EE

$5,980

$6,522-8.3%

$5,682+5.2%

$6,713-10.9%

Admin fee / account holder

$961

$16,158-94.1%

$13,215-92.7%

$11,407-91.6%

CALIFORNIA VISION AND VISAGE MEDICAL GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA VISION AND VISAGE MEDICAL GROUP, 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