Retirement plan

MICHEL BABAJANIAN, MD, FACS, INC., 401(K) PROFIT SHARING PLAN

Name: MICHEL BABAJANIAN, MD, FACS, INC. - MICHEL BABAJANIAN, MD, FACS, INC., 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MICHEL BABAJANIAN, MD, FACS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHEL BABAJANIAN, MD, FACS, INC., 401(K) PROFIT SHARING PLAN, MICHEL BABAJANIAN, MD, FACS, INC.

MICHEL BABAJANIAN, MD, FACS, INC.EIN 46-3011199Plan #001PY 2017

2080 CENTURY PARK EAST, SUITE 1700 - LOS ANGELES, CA 90067310-201-0007michelbabajanian.comLinkedIn1-10 employeesmedical practice

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$202K

+89.9% from 2016

Total participants

0.0% from 2016

Average account balance

$40,417

+89.9% from 2016

Annual return

42.47%

+35.84 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$532K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$60K

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

+5.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26913

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$829

$207 / participant

Other / not subdivided$829100.0%

% of EOY assets

0.410%

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

$40,417

$198,461-79.6%

$170,436-76.3%

$147,585-72.6%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

42.47%

257.30%-214.8pp

205.94%-163.5pp

578.57%-536.1pp

Employer contribution / active EE

$650

$6,184-89.5%

$5,433-88.0%

$4,876-86.7%

Participant deferral / active EE

$11,960

$5,629+112.5%

$4,939+142.1%

$5,439+119.9%

Admin fee / account holder

$166

$16,852-99.0%

$13,880-98.8%

$10,885-98.5%

MICHEL BABAJANIAN, MD, FACS, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICHEL BABAJANIAN, MD, FACS, INC., 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