Retirement plan

EMATB, LLC RETIREMENT PLAN

Name: EMERGENCY MEDICAL ASSOCIATES OF TAMPA BAY, LLC - EMATB, LLC RETIREMENT PLAN (2023) Form 5500
Creator: EMERGENCY MEDICAL ASSOCIATES OF TAMPA BAY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMATB, LLC RETIREMENT PLAN, EMERGENCY MEDICAL ASSOCIATES OF TAMPA BAY, LLC

EMERGENCY MEDICAL ASSOCIATES OF TAMPA BAY, LLCEIN 45-2773050Plan #001PY 2023

2502 W. SAINT ISABEL STREET, SUITE B - TAMPA, FL 33607813-874-5707ematb.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$65.1M

+17.4% from 2022

Total participants

165

+0.6% from 2022

Average account balance

$401,783

+16.7% from 2022

Annual return

16.50%

+32.59 pp from 2022

Benchmarks

See 5,708 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$77.63M

Not enough data

1 years with asset history on file

Average account balance

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

$446K

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.

174

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.67M

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

+15.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$635

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES6 years Filed as: RAYMOND JAMES INSURANCE GROUP, INC. Service code 55 · EIN 59-1199408	Other Commissions	$76,350
MARTIN, MARTIN, RANDALL & ASSOCIATE6 years Service code 49 · EIN 64-0765749	Other Services	$24,513
MORNINGSTAR6 years Service code 27 · EIN 36-3297908	Advisory (Plan)	$8,304

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
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.

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

$119K

$1030 / participant

Recordkeeping$103K86.0%
Investment mgmt$17K14.0%

% of EOY assets

0.183%

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: ASSURANCE DIMENSIONS
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$401,783

$61,356+554.8%

$149,696+168.4%

$71,511+461.8%

Participation rate

97.4%

62.5%+34.9pp

78.8%+18.6pp

67.9%+29.5pp

Annual return

16.50%

35.86%-19.4pp

134.46%-118.0pp

28.86%-12.4pp

Employer contribution / active EE

$28,256

$2,382+1086.4%

$4,821+486.1%

$2,589+991.3%

Participant deferral / active EE

$17,998

$2,920+516.5%

$5,682+216.8%

$4,291+319.5%

Admin fee / account holder

$737

$1,263-41.6%

$13,212-94.4%

$1,588-53.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES6 years

Filed as: RAYMOND JAMES INSURANCE GROUP, INC.

Service code 55 · EIN 59-1199408

Other Commissions

$76,350

MARTIN, MARTIN, RANDALL & ASSOCIATE6 years

Service code 49 · EIN 64-0765749

Other Services

$24,513

MORNINGSTAR6 years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$8,304

EMATB, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMATB, LLC 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