Retirement plan

PETER C. LIM, M.D., LTD. 401(K) PLAN

Name: PETER C. LIM, M.D., LTD. - PETER C. LIM, M.D., LTD. 401(K) PLAN (2023) Form 5500
Creator: PETER C. LIM, M.D., LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETER C. LIM, M.D., LTD. 401(K) PLAN, PETER C. LIM, M.D., LTD.

PETER C. LIM, M.D., LTD.EIN 36-4572218Plan #002PY 2023

4465 JUNIPER TRAIL - RENO, NV 89519775-787-2074LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$5.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.4M

+33.4% from 2022

Total participants

+33.3% from 2022

Average account balance

$149,543

+0.0% from 2022

Annual return

21.99%

+46.07 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.98M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4014

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$149 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.100%

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

$149,543

$175,231-14.7%

$149,696-0.1%

$139,466+7.2%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

21.99%

166.77%-144.8pp

134.46%-112.5pp

373.66%-351.7pp

Employer contribution / active EE

$4,723

$5,478-13.8%

$4,821-2.0%

$4,754-0.7%

Participant deferral / active EE

$8,182

$6,521+25.5%

$5,682+44.0%

$6,712+21.9%

Admin fee / account holder

$149

$16,155-99.1%

$13,212-98.9%

$11,409-98.7%

PETER C. LIM, M.D., LTD. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETER C. LIM, M.D., LTD. 401(K) 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