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 (2024) 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 2024

100 UNION RD - WEST SENECA, NY 142244656716-359-7299LinkedIn1-10 employeesbuilding materials

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$940K

+21.6% from 2023

Total participants

+9.5% from 2023

Average account balance

$21,355

+13.3% from 2023

Annual return

13.09%

-0.33 pp from 2023

Benchmarks

See 22,321 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,321 peers

Snapshot2024

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

1 tripped

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

$12K

$821 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.310%

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

$21,355

$111,785-80.9%

$93,669-77.2%

$145,877-85.4%

Participation rate

86.7%

74.2%+12.4pp

68.7%+17.9pp

80.3%+6.4pp

Annual return

13.09%

203.79%-190.7pp

133.59%-120.5pp

551.28%-538.2pp

Employer contribution / active EE

$3,678

$3,096+18.8%

$2,424+51.7%

$4,663-21.1%

Participant deferral / active EE

$1,484

$4,919-69.8%

$4,416-66.4%

$6,691-77.8%

Admin fee / account holder

$280

$10,256-97.3%

$8,291-96.6%

$13,402-97.9%

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