Retirement plan

ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, P.C. SAFE HARBOR 401(K) PROFIT-SHARING PLAN AND TRUST

Name: ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, PC - ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, P.C. SAFE HARBOR 401(K) PROFIT-SHARING PLAN AND TRUST (2023) Form 5500
Creator: ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, P.C. SAFE HARBOR 401(K) PROFIT-SHARING PLAN AND TRUST, ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, PC

ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, PCEIN 47-0608015Plan #002PY 2023

600 NORTH COTNER BLVD, SUITE 208 - LINCOLN, NE 68505402-417-7478allergyasthmaimm.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$24.5M

+11.4% from 2022

Total participants

-6.0% from 2022

Average account balance

$310,309

+17.0% from 2022

Annual return

18.45%

+34.27 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.58M

Not enough data

1 years with asset history on file

Average account balance

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

$361K

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.

128.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7792

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 codes2E3D2G2J2R2F2T

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.
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

$2.8M

$48664 / participant

Other / not subdivided$3M100.0%

% of EOY assets

11.514%

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

$310,309

$77,908+298.3%

$149,696+107.3%

$75,173+312.8%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

18.45%

31.73%-13.3pp

134.46%-116.0pp

160.72%-142.3pp

Employer contribution / active EE

$15,918

$3,138+407.3%

$4,821+230.2%

$2,671+496.0%

Participant deferral / active EE

$5,520

$3,411+61.8%

$5,682-2.8%

$4,126+33.8%

Admin fee / account holder

$35,728

$5,950+500.5%

$13,212+170.4%

$5,651+532.3%

ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, P.C. SAFE HARBOR 401(K) PROFIT-SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLERGY, ASTHMA & IMMUNOLOGY ASSOCIATES, P.C. SAFE HARBOR 401(K) PROFIT-SHARING PLAN AND TRUST

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