Retirement plan

HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC 401(K) PLAN AND TRUST

Name: HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC - HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC 401(K) PLAN AND TRUST (2024) Form 5500
Creator: HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC 401(K) PLAN AND TRUST, HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC

HARTSTEIN PSYCHOLOGICAL SERVICES, PLLCEIN 27-3562731Plan #001PY 2024

352 7TH AVENUE - SUITE 306 - NEW YORK, NY 10001212-337-9990hartsteinpsychological.comLinkedIn1-10 employeesmedical practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$317K

+23.1% from 2023

Total participants

+12.5% from 2023

Average account balance

$45,298

-29.6% from 2023

Annual return

3.82%

-33.11 pp from 2023

Benchmarks

See 49,898 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,898 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$317K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+3.82%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

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

$45,298

$88,778-49.0%

$81,844-44.7%

$145,884-68.9%

Participation rate

77.8%

75.1%+2.7pp

72.4%+5.4pp

80.3%-2.5pp

Annual return

3.82%

1033.03%-1029.2pp

778.87%-775.0pp

551.85%-548.0pp

Employer contribution / active EE

$2,261

$3,087-26.7%

$2,916-22.5%

$4,662-51.5%

Participant deferral / active EE

$3,267

$4,648-29.7%

$4,323-24.4%

$6,690-51.2%

Admin fee / account holder

$8,430-100.0%

$7,355-100.0%

$13,392-100.0%

HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HARTSTEIN PSYCHOLOGICAL SERVICES, PLLC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion