Retirement plan

WNY REHABILITATION MEDICINE AN 401(K) PROFIT SHARING PLAN & TRUST

Name: WNY REHABILITATION MEDICINE AN - WNY REHABILITATION MEDICINE AN 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: WNY REHABILITATION MEDICINE AN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WNY REHABILITATION MEDICINE AN 401(K) PROFIT SHARING PLAN & TRUST, WNY REHABILITATION MEDICINE AN

WNY REHABILITATION MEDICINE ANEIN 27-3617768Plan #001PY 2023

100 UNION ROAD - WEST SENECA, NY 14224716-359-7299LinkedIn1-10 employeesbuilding materials

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$773K

+22.7% from 2022

Total participants

+10.5% from 2022

Average account balance

$18,854

+7.8% from 2022

Annual return

13.43%

+18.48 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$940K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

293.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$7K

$362 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.842%

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

$18,854

$102,663-81.6%

$86,216-78.1%

$139,466-86.5%

Participation rate

94.4%

74.5%+19.9pp

69.0%+25.5pp

80.3%+14.1pp

Annual return

13.43%

1924.52%-1911.1pp

1169.42%-1156.0pp

373.66%-360.2pp

Employer contribution / active EE

$2,813

$3,035-7.3%

$2,382+18.1%

$4,754-40.8%

Participant deferral / active EE

$791

$4,677-83.1%

$3,986-80.1%

$6,712-88.2%

Admin fee / account holder

$159

$8,663-98.2%

$6,853-97.7%

$11,409-98.6%

WNY REHABILITATION MEDICINE AN 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WNY REHABILITATION MEDICINE AN 401(K) PROFIT SHARING PLAN & 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