Retirement plan

NEW YORK PAIN RELIEF MEDICINE PLLC 401(K) PENSION PLAN

Name: NEW YORK PAIN RELIEF MEDICINE PLLC - NEW YORK PAIN RELIEF MEDICINE PLLC 401(K) PENSION PLAN (2024) Form 5500
Creator: NEW YORK PAIN RELIEF MEDICINE PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK PAIN RELIEF MEDICINE PLLC 401(K) PENSION PLAN, NEW YORK PAIN RELIEF MEDICINE PLLC

NEW YORK PAIN RELIEF MEDICINE PLLCEIN 47-2626118Plan #002PY 2024

1673 SHERBOURNE RD - VALLEY STREAM, NY 11580816-288-0965LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$2.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$898K

+28.0% from 2023

Total participants

+16.7% from 2023

Average account balance

$64,126

+9.7% from 2023

Annual return

9.52%

+5.15 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$898K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$130K

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

+9.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 codes2D2E2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$610

$102 / participant

Other / not subdivided$610100.0%

% of EOY assets

0.068%

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

$64,126

$183,539-65.1%

$155,556-58.8%

$145,897-56.0%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

9.52%

61.31%-51.8pp

64.84%-55.3pp

552.29%-542.8pp

Employer contribution / active EE

$9,766

$5,315+83.7%

$4,675+108.9%

$4,663+109.4%

Participant deferral / active EE

$11,852

$6,467+83.3%

$5,631+110.5%

$6,689+77.2%

Admin fee / account holder

$44

$19,275-99.8%

$15,885-99.7%

$13,390-99.7%

NEW YORK PAIN RELIEF MEDICINE PLLC 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK PAIN RELIEF MEDICINE PLLC 401(K) PENSION 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