Retirement plan

PARAMVIR SINGH, M. D. , INC. 401(K) PROFIT SHARING PLAN

Name: PARAMVIR SINGH, M.D INC. - PARAMVIR SINGH, M. D. , INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PARAMVIR SINGH, M.D INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARAMVIR SINGH, M. D. , INC. 401(K) PROFIT SHARING PLAN, PARAMVIR SINGH, M.D INC.

PARAMVIR SINGH, M.D INC.EIN 47-4832402Plan #002PY 2023

2632 EDITH AVE SUITE B - REDDING, CA 96001530-243-1166

Other plans on this EIN

1 filing

#001Retirement-$743K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$266K

+85.6% from 2022

Total participants

+66.7% from 2022

Average account balance

$53,177

+11.4% from 2022

Annual return

39.74%

+71.88 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$386K

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+26.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1063

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$53,177

$175,259-69.7%

$149,723-64.5%

$139,487-61.9%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

39.74%

166.82%-127.1pp

134.50%-94.8pp

373.84%-334.1pp

Employer contribution / active EE

$3,543

$5,478-35.3%

$4,821-26.5%

$4,755-25.5%

Participant deferral / active EE

$9,600

$6,522+47.2%

$5,682+68.9%

$6,713+43.0%

Admin fee / account holder

$16,158-100.0%

$13,215-100.0%

$11,407-100.0%

PARAMVIR SINGH, M. D. , INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PARAMVIR SINGH, M. D. , 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