Retirement plan

UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES, P.A. PROFIT SHARING PLAN AND TRUST

Name: UNIVERSITY OF MARYLAND ANESTHESIA ASSOCIATES, P.A. - UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES, P.A. PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: UNIVERSITY OF MARYLAND ANESTHESIA ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES, P.A. PROFIT SHARING PLAN AND TRUST, UNIVERSITY OF MARYLAND ANESTHESIA ASSOCIATES, P.A.

UNIVERSITY OF MARYLAND ANESTHESIA ASSOCIATES, P.A.EIN 52-1076158Plan #002PY 2022

22 SOUTH GREENE ST. - BALTIMORE, MD 21201667-214-1112LinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$10.6M

-12.9% from 2021

Total participants

115

+9.5% from 2021

Average account balance

$92,468

-20.5% from 2021

Annual return

-17.22%

-47.74 pp from 2021

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.56M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

121

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.

170.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$732K

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3733

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 codes2E2F2H2R2T

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$121K

$1811 / participant

Other / not subdivided$121K100.0%

% of EOY assets

1.141%

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

$92,468

$73,839+25.2%

$143,788-35.7%

$68,495+35.0%

Participation rate

100.0%

66.7%+33.3pp

80.3%+19.7pp

67.9%+32.1pp

Annual return

-17.22%

1.01%-18.2pp

-0.03%-17.2pp

-7.84%-9.4pp

Employer contribution / active EE

$9,586

$3,184+201.0%

$4,952+93.6%

$2,596+269.2%

Participant deferral / active EE

$3,384-100.0%

$5,638-100.0%

$4,028-100.0%

Admin fee / account holder

$1,055

$5,755-81.7%

$14,675-92.8%

$5,403-80.5%

UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES, P.A. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES, P.A. 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