Retirement plan

SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC PROFIT SHARING PLAN & TRUST

Name: SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC - SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC PROFIT SHARING PLAN & TRUST, SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC

SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SCEIN 36-2960158Plan #002PY 2022

7804 W COLLEGE DRIVE SUITE 1 NW - PALOS HEIGHTS, IL 60463708-361-5778LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$5.8M

-17.1% from 2021

Total participants

+33.3% from 2021

Average account balance

$480,262

-37.8% from 2021

Annual return

7.62%

-5.28 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.90M

Not enough data

1 years with asset history on file

Average account balance

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

$493K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$532K

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

+17.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5566

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

$2.3M

$225161 / participant

Other / not subdivided$2M100.0%

% of EOY assets

39.069%

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

$480,262

$167,353+187.0%

$143,797+234.0%

$134,545+257.0%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

7.62%

0.48%+7.1pp

-0.04%+7.7pp

418.37%-410.7pp

Employer contribution / active EE

$27,492

$5,620+389.1%

$4,952+455.1%

$4,742+479.8%

Participant deferral / active EE

$19,544

$6,447+203.1%

$5,638+246.6%

$6,401+205.3%

Admin fee / account holder

$187,634

$18,096+936.9%

$14,679+1178.2%

$11,431+1541.5%

SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST INFECTIOUS DISEASE & INTERNAL MEDICINE, SC 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