Retirement plan

CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. 401(K) PROFIT SHARING PLAN

Name: CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. - CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. 401(K) PROFIT SHARING PLAN, CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC.

CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC.EIN 47-2872253Plan #002PY 2020

1045 ATLANTIC AVE., #611 - LONG BEACH, CA 90813818-324-9817cvtrials.comLinkedIn1-10 employeesresearch

Other plans on this EIN

1 filing

#001Retirement-$1.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$527K

No prior year

Total participants

No prior year

Average account balance

$65,825

No prior year

Annual return

12.48%

No prior year

Benchmarks

See 102,116 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,116 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+24.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$823

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

0 tripped

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

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

$65,825

$209,405-68.6%

$178,486-63.1%

$158,931-58.6%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

12.48%

188.77%-176.3pp

151.08%-138.6pp

302.86%-290.4pp

Employer contribution / active EE

$2,795

$5,707-51.0%

$5,011-44.2%

$4,761-41.3%

Participant deferral / active EE

$7,800

$5,954+31.0%

$5,202+49.9%

$5,982+30.4%

Admin fee / account holder

$17,076-100.0%

$13,985-100.0%

$11,247-100.0%

CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CARDIOVASCULAR INNOVATION AND RESEARCH CENTER, INC. 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