Retirement plan

ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. CASH OR DEFERRED PROFIT SHARING PLAN

Name: ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. - ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. CASH OR DEFERRED PROFIT SHARING PLAN (2024) Form 5500
Creator: ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. CASH OR DEFERRED PROFIT SHARING PLAN, ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC.

ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC.EIN 54-0948315Plan #001PY 2024

PO BOX 3605 - RADFORD, VA 241433605540-731-1898LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12M

+29.5% from 2023

Total participants

+8.3% from 2023

Average account balance

$1,001,990

+29.5% from 2023

Annual return

27.73%

+11.57 pp from 2023

Benchmarks

See 109,510 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,510 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.55M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$727K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$73K

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

+19.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139144

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 codes2J2E3D

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

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

$30K

$2769 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.253%

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

$1,001,990

$183,627+445.7%

$155,602+543.9%

$145,978+586.4%

Participation rate

90.9%

82.7%+8.2pp

78.2%+12.7pp

80.3%+10.6pp

Annual return

27.73%

61.32%-33.6pp

64.81%-37.1pp

550.52%-522.8pp

Employer contribution / active EE

$5,316-100.0%

$4,675-100.0%

$4,662-100.0%

Participant deferral / active EE

$14,579

$6,466+125.5%

$5,629+159.0%

$6,690+117.9%

Admin fee / account holder

$2,538

$19,327-86.9%

$15,923-84.1%

$13,400-81.1%

ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIOLOGY ASSOCIATES OF RADFORD, INC. CASH OR DEFERRED 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