Retirement plan

SANJAY PETHKAR, M.D., S.C. 401(K) PROFIT SHARING PLAN

Name: SANJAY PETHKAR, M.D., S.C. DBA SUBURBAN HEALTHCARE ASSOCIATES - SANJAY PETHKAR, M.D., S.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SANJAY PETHKAR, M.D., S.C. DBA SUBURBAN HEALTHCARE ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANJAY PETHKAR, M.D., S.C. 401(K) PROFIT SHARING PLAN, SANJAY PETHKAR, M.D., S.C. DBA SUBURBAN HEALTHCARE ASSOCIATES

SANJAY PETHKAR, M.D., S.C. DBA SUBURBAN HEALTHCARE ASSOCIATESEIN 52-2385354Plan #001PY 2024

13415 S. ROUTE 59 - PLAINFIELD, IL 60588815-722-5220LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$2.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.6M

+28.5% from 2023

Total participants

0.0% from 2023

Average account balance

$268,147

+43.7% from 2023

Annual return

23.11%

+2.95 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.56M

Not enough data

1 years with asset history on file

Average account balance

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

$268K

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$224K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+23.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2193

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 codes2E2F2G2J3D

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.
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

$37K

$1962 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.818%

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

$268,147

$183,592+46.1%

$155,574+72.4%

$145,877+83.8%

Participation rate

89.5%

82.7%+6.8pp

78.2%+11.3pp

80.3%+9.2pp

Annual return

23.11%

61.37%-38.3pp

64.87%-41.8pp

551.28%-528.2pp

Employer contribution / active EE

$7,087

$5,317+33.3%

$4,676+51.6%

$4,663+52.0%

Participant deferral / active EE

$4,726

$6,466-26.9%

$5,629-16.0%

$6,691-29.4%

Admin fee / account holder

$2,193

$19,316-88.6%

$15,914-86.2%

$13,402-83.6%

SANJAY PETHKAR, M.D., S.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SANJAY PETHKAR, M.D., S.C. 401(K) PROFIT SHARING 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