Retirement plan

ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. 401(K) PROFIT SHARING PLAN

Name: ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. - ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. 401(K) PROFIT SHARING PLAN, ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A.

ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A.EIN 43-0975680Plan #001PY 2024

8717 WEST 110TH ST. STE 600, CORPORATE WOODS BUILDING 14 - OVERLAND PARK, KS 66210913-428-2900aakc.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$180.7M

+10.6% from 2023

Total participants

362

-4.7% from 2023

Average account balance

$503,226

+14.6% from 2023

Annual return

13.41%

-3.24 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$180.66M

Not enough data

1 years with asset history on file

Average account balance

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

$503K

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.

359

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$40K

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

+13.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$870

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 9 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC3 years Service code 26 · EIN 43-1270780	Advisory (Participants)	$138,503
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$63,955
CANVAS WEALTH ADVISORS LLC5 years Service code 26 · EIN 84-1908421	Advisory (Participants)	$45,835
PRIME CAPITAL INVESTMENT ADVISORS1 year Filed as: PRIME CAPITAL INVESTMENT ADVIS Service code 26 · EIN 82-1364595	Advisory (Participants)	$13,915
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 26 · EIN 43-1451524	Advisory (Participants)	$12,469
FISHER INVESTMENTS2 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$10,966
RUBINBROWN LLP4 years Filed as: RUBINBROWN ADVISORS LLC Service code 26 · EIN 43-1755727	Advisory (Participants)	$6,269
CHARLES SCHWAB & CO., INC.8 years Service code 33 · EIN 94-1737782	Securities brokerage; Shareholder ser...	$1,926
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$312K

$1306 / participant

Recordkeeping$64K20.5%
Investment mgmt$248K79.5%

% of EOY assets

0.173%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MIZE HOUSER
Auditor EIN: 480882363
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$503,226

$55,446+807.6%

$155,574+223.5%

$74,429+576.1%

Participation rate

98.7%

61.9%+36.8pp

78.2%+20.5pp

67.2%+31.5pp

Annual return

13.41%

269.20%-255.8pp

64.87%-51.5pp

1368.38%-1355.0pp

Employer contribution / active EE

$24,725

$2,266+991.1%

$4,676+428.8%

$2,625+842.0%

Participant deferral / active EE

$14,982

$2,836+428.3%

$5,629+166.1%

$4,348+244.6%

Admin fee / account holder

$870

$1,743-50.1%

$15,914-94.5%

$1,944-55.3%

Provider

Service type

Compensation

CREATIVE PLANNING LLC3 years

Service code 26 · EIN 43-1270780

Advisory (Participants)

$138,503

CHARLES SCHWAB & CO., INC.5 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$63,955

CANVAS WEALTH ADVISORS LLC5 years

Service code 26 · EIN 84-1908421

Advisory (Participants)

$45,835

PRIME CAPITAL INVESTMENT ADVISORS1 year

Filed as: PRIME CAPITAL INVESTMENT ADVIS

Service code 26 · EIN 82-1364595

Advisory (Participants)

$13,915

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 26 · EIN 43-1451524

Advisory (Participants)

$12,469

FISHER INVESTMENTS2 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$10,966

RUBINBROWN LLP4 years

Filed as: RUBINBROWN ADVISORS LLC

Service code 26 · EIN 43-1755727

Advisory (Participants)

$6,269

CHARLES SCHWAB & CO., INC.8 years

Service code 33 · EIN 94-1737782

Securities brokerage; Shareholder ser...

$1,926

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL

Service code 59

Shareholder Servicing

ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIA ASSOCIATES OF KANSAS CITY, P.A. 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