Retirement plan

MATTHEW E. KARLOVSKY, MD, PLLC 401(K) PROFIT SHARING PLAN

Name: MATTHEW E. KARLOVSKY, MD, PLLC - MATTHEW E. KARLOVSKY, MD, PLLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: MATTHEW E. KARLOVSKY, MD, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATTHEW E. KARLOVSKY, MD, PLLC 401(K) PROFIT SHARING PLAN, MATTHEW E. KARLOVSKY, MD, PLLC

MATTHEW E. KARLOVSKY, MD, PLLCEIN 46-4102079Plan #002PY 2020

10209 N. 57TH ST. - PARADISE VALLEY, AZ 85253480-272-0499

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$510K

+28.9% from 2019

Total participants

0.0% from 2019

Average account balance

$170,009

+28.9% from 2019

Annual return

12.54%

-4.86 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$279K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$118K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+12.19%

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$170,009

$209,422-18.8%

$178,503-4.8%

$158,982+6.9%

Participation rate

60.0%

86.4%-26.4pp

81.9%-21.9pp

82.0%-22.0pp

Annual return

12.54%

188.81%-176.3pp

151.12%-138.6pp

302.99%-290.4pp

Employer contribution / active EE

$1,271

$5,707-77.7%

$5,011-74.6%

$4,763-73.3%

Participant deferral / active EE

$11,700

$5,955+96.5%

$5,202+124.9%

$5,983+95.5%

Admin fee / account holder

$17,079-100.0%

$13,987-100.0%

$11,252-100.0%

MATTHEW E. KARLOVSKY, MD, PLLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MATTHEW E. KARLOVSKY, MD, PLLC 401(K) PROFIT SHARING 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