Retirement plan

MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. PROFIT SHARING PLAN

Name: MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. - MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. PROFIT SHARING PLAN, MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC.

MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC.EIN 31-1039177Plan #001PY 2024

5151 REED RD, STE 225C - COLUMBUS, OH 43220614-457-2306mpasohio.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$133.2M

+24.0% from 2023

Total participants

155

+5.4% from 2023

Average account balance

$859,113

+17.6% from 2023

Annual return

21.91%

+2.79 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$133.16M

Not enough data

1 years with asset history on file

Average account balance

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

$859K

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.

155

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$53K

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

+21.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2011

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 10 of 18 by compensation

Provider	Service type	Compensation
THE LEEMAN GROUP2 years Service code 26 5438 N. HAMILTON ROAD · COLUMBUS, OH 43230	Advisory (Participants)	$26,734
WISDOM WEALTH STRATEGIES LLC4 years Filed as: WISDOM WEALTH INVESTMENT ADVISORS Service code 26 947 WORTHINGTON WOODS LOOP RD · WORTHINGTON, OH 43085	Advisory (Participants)	$20,792
SUNTRUST BANKS, INC.2 years Filed as: SCOTT LUCAS Service code 26 847 WORTHINGTON WOODS LOOP RD · WORTHINGTON, OH 43085	Advisory (Participants)	$17,329
PETER CHANG ENTERPRISES, INC.8 years Filed as: PETER WATERLOO Service code 26 UBS FINANCIAL SERVICES · SAN FRANCISCO, CA 941041610	Advisory (Participants)	$17,013
PARSEC FINANCIAL MANAGEMENT6 years Service code 26 PO BOX 2324 · ASHVILLE, NC 28802	Advisory (Participants)	$16,409
PDS PLANNING, INC.9 years Service code 26 PO BOX 163190 · COLUMBUS, OH 43216	Advisory (Participants)	$15,500
MICHAEL F. YATES & COMPANY, INC.5 years Filed as: MICHAEL MILDRUM Service code 26 50 WASHINGTON ST. SUITE 600W · NORWALK, CT 06854	Advisory (Participants)	$13,175
STRATOS WEALTH PARTNERS7 years Filed as: STRATOS WEALTH PARTNERS, LTD Service code 26 3455 MILL RUN DR., STE 105 · COLUMBUS, OH 43206	Advisory (Participants)	$10,591
KEVIN J. DRISCOLL7 years Filed as: KEVIN FOLEY Service code 26 450 W WILSON BRIDGE ROAD · WORTHINGTON, OH 43085	Advisory (Participants)	$10,339
JAMES A. REICHERT2 years Filed as: JAMES FLOWERS Service code 26 STRATEGIC ASSET MANAGEMENT · COLUMBUS, OH 432211735	Advisory (Participants)	$10,248

Plan features & details

Pension benefit codes2A2E2G2J2R2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$312K

$2292 / participant

Investment mgmt$312K100.0%

% of EOY assets

0.234%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GBQ PARTNERS, LLC
Auditor EIN: 202122306
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$859,113

$55,437+1449.7%

$155,534+452.4%

$74,459+1053.8%

Participation rate

100.0%

61.9%+38.1pp

78.2%+21.8pp

67.2%+32.8pp

Annual return

21.91%

269.58%-247.7pp

64.92%-43.0pp

1369.70%-1347.8pp

Employer contribution / active EE

$51,013

$2,266+2151.2%

$4,675+991.2%

$2,626+1842.7%

Participant deferral / active EE

$2,246

$2,837-20.9%

$5,630-60.1%

$4,350-48.4%

Admin fee / account holder

$2,011

$1,742+15.4%

$15,900-87.4%

$1,945+3.4%

Provider

Service type

Compensation

THE LEEMAN GROUP2 years

Service code 26

5438 N. HAMILTON ROAD · COLUMBUS, OH 43230

Advisory (Participants)

$26,734

WISDOM WEALTH STRATEGIES LLC4 years

Filed as: WISDOM WEALTH INVESTMENT ADVISORS

Service code 26

947 WORTHINGTON WOODS LOOP RD · WORTHINGTON, OH 43085

Advisory (Participants)

$20,792

SUNTRUST BANKS, INC.2 years

Filed as: SCOTT LUCAS

Service code 26

847 WORTHINGTON WOODS LOOP RD · WORTHINGTON, OH 43085

Advisory (Participants)

$17,329

PETER CHANG ENTERPRISES, INC.8 years

Filed as: PETER WATERLOO

Service code 26

UBS FINANCIAL SERVICES · SAN FRANCISCO, CA 941041610

Advisory (Participants)

$17,013

PARSEC FINANCIAL MANAGEMENT6 years

Service code 26

PO BOX 2324 · ASHVILLE, NC 28802

Advisory (Participants)

$16,409

PDS PLANNING, INC.9 years

Service code 26

PO BOX 163190 · COLUMBUS, OH 43216

Advisory (Participants)

$15,500

MICHAEL F. YATES & COMPANY, INC.5 years

Filed as: MICHAEL MILDRUM

Service code 26

50 WASHINGTON ST. SUITE 600W · NORWALK, CT 06854

Advisory (Participants)

$13,175

STRATOS WEALTH PARTNERS7 years

Filed as: STRATOS WEALTH PARTNERS, LTD

Service code 26

3455 MILL RUN DR., STE 105 · COLUMBUS, OH 43206

Advisory (Participants)

$10,591

KEVIN J. DRISCOLL7 years

Filed as: KEVIN FOLEY

Service code 26

450 W WILSON BRIDGE ROAD · WORTHINGTON, OH 43085

Advisory (Participants)

$10,339

JAMES A. REICHERT2 years

Filed as: JAMES FLOWERS

Service code 26

STRATEGIC ASSET MANAGEMENT · COLUMBUS, OH 432211735

Advisory (Participants)

$10,248

MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST PHYSICIAN ANESTHESIA SERVICES, INC. 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