Retirement plan

MUBINA GAFFAR M.D., INC. 401K PLAN

Name: MUBINA GAFFAR M.D., INC. - MUBINA GAFFAR M.D., INC. 401K PLAN (2024) Form 5500
Creator: MUBINA GAFFAR M.D., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUBINA GAFFAR M.D., INC. 401K PLAN, MUBINA GAFFAR M.D., INC.

MUBINA GAFFAR M.D., INC.EIN 45-3276769Plan #002PY 2024

122 WINDHAM - IRVINE, CA 92620909-731-2413LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$940K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$4.1M

+53.8% from 2023

Total participants

+75.0% from 2023

Average account balance

$581,815

-12.1% from 2023

Annual return

50.95%

+8.22 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.07M

Not enough data

1 years with asset history on file

Average account balance

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

$582K

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

$75K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+50.95%

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 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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$581,815

$183,592+216.9%

$155,574+274.0%

$145,877+298.8%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

50.95%

61.37%-10.4pp

64.87%-13.9pp

551.28%-500.3pp

Employer contribution / active EE

$2,727

$5,317-48.7%

$4,676-41.7%

$4,663-41.5%

Participant deferral / active EE

$12,200

$6,466+88.7%

$5,629+116.7%

$6,691+82.3%

Admin fee / account holder

$19,316-100.0%

$15,914-100.0%

$13,402-100.0%

MUBINA GAFFAR M.D., INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MUBINA GAFFAR M.D., INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion