Retirement plan

RIVERSIDE FACULTY MEDICAL GROUP INC. 401(K) PROFIT-SHARING PLAN

Name: RIVERSIDE FACULTY MEDICAL GROUP, INC. - RIVERSIDE FACULTY MEDICAL GROUP INC. 401(K) PROFIT-SHARING PLAN (2024) Form 5500
Creator: RIVERSIDE FACULTY MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIVERSIDE FACULTY MEDICAL GROUP INC. 401(K) PROFIT-SHARING PLAN, RIVERSIDE FACULTY MEDICAL GROUP, INC.

RIVERSIDE FACULTY MEDICAL GROUP, INC.EIN 33-0662626Plan #001PY 2024

PO BOX 7270 - MORENO VALLEY, CA 925527270951-486-4647LinkedIn11-50 employeesmedical practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$34.4M

+38.2% from 2023

Total participants

+6.8% from 2023

Average account balance

$490,947

+40.2% from 2023

Annual return

33.10%

-12.78 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.37M

Not enough data

1 years with asset history on file

Average account balance

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

$491K

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.

120.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+33.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 codes2E2G2J

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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$9K

$153 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.026%

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

$490,947

$81,233+504.4%

$155,567+215.6%

$80,874+507.1%

Participation rate

86.2%

66.2%+20.0pp

78.2%+8.0pp

67.6%+18.6pp

Annual return

33.10%

33.33%-0.2pp

64.74%-31.6pp

35.62%-2.5pp

Employer contribution / active EE

$8,056

$3,101+159.8%

$4,674+72.3%

$2,756+192.3%

Participant deferral / active EE

$13,961

$3,452+304.4%

$5,628+148.1%

$4,297+224.9%

Admin fee / account holder

$127

$7,998-98.4%

$15,916-99.2%

$6,935-98.2%

RIVERSIDE FACULTY MEDICAL GROUP INC. 401(K) PROFIT-SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIVERSIDE FACULTY MEDICAL GROUP INC. 401(K) 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