Retirement plan

PHYSICIANS REVENUE GROUP, INC. 401(K) PLAN

Name: PHYSICIANS REVENUE GROUP, INC. - PHYSICIANS REVENUE GROUP, INC. 401(K) PLAN (2022) Form 5500
Creator: PHYSICIANS REVENUE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHYSICIANS REVENUE GROUP, INC. 401(K) PLAN, PHYSICIANS REVENUE GROUP, INC.

PHYSICIANS REVENUE GROUP, INC.EIN 46-2778759Plan #001PY 2022

3250 LACEY RD. SUITE 160 - DOWNERS GROVE, IL 60515630-242-6500prgmd.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$154K

No prior year

Total participants

No prior year

Average account balance

$3,861

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.21M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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

$421K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$320

$9 / participant

Other / not subdivided$320100.0%

% of EOY assets

0.207%

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

$3,861

$73,839-94.8%

$143,788-97.3%

$68,495-94.4%

Participation rate

94.1%

66.7%+27.5pp

80.3%+13.8pp

67.9%+26.2pp

Annual return

0.00%

1.01%-1.0pp

-0.03%0pp

-7.84%+7.8pp

Employer contribution / active EE

$2,019

$3,184-36.6%

$4,952-59.2%

$2,596-22.2%

Participant deferral / active EE

$2,560

$3,384-24.3%

$5,638-54.6%

$4,028-36.4%

Admin fee / account holder

$5,755-99.9%

$14,675-99.9%

$5,403-99.9%

PHYSICIANS REVENUE GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHYSICIANS REVENUE GROUP, INC. 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