Retirement plan

TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. SAV & RETIREMENT PLAN

Name: TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. - TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. SAV & RETIREMENT PLAN (2022) Form 5500
Creator: TRAVERSE BAY RADIATION ONCOLOGISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. SAV & RETIREMENT PLAN, TRAVERSE BAY RADIATION ONCOLOGISTS, P.C.

TRAVERSE BAY RADIATION ONCOLOGISTS, P.C.EIN 38-2849446Plan #001PY 2022

1105 SIXTH STREET - TRAVERSE CITY, MI 49684231-935-7100LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$770K assets

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$9.5M

-19.7% from 2021

Total participants

+25.0% from 2021

Average account balance

$1,891,642

-35.8% from 2021

Annual return

-21.44%

-109.26 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

$18.44M

Not enough data

1 years with asset history on file

Average account balance

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

$3.7M

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

$241K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$48K

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

+26.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2E3D2F2J

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$457

$91 / participant

Other / not subdivided$457100.0%

% of EOY assets

0.005%

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

$1,891,642

$167,353+1030.3%

$143,797+1215.5%

$134,545+1306.0%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-21.44%

0.48%-21.9pp

-0.04%-21.4pp

418.37%-439.8pp

Employer contribution / active EE

$16,904

$5,620+200.8%

$4,952+241.3%

$4,742+256.5%

Participant deferral / active EE

$24,400

$6,447+278.5%

$5,638+332.8%

$6,401+281.2%

Admin fee / account holder

$91

$18,096-99.5%

$14,679-99.4%

$11,431-99.2%

TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. SAV & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAVERSE BAY RADIATION ONCOLOGISTS, P.C. SAV & RETIREMENT 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