Retirement plan

SAMY METYAS, M.D., INC. 401(K) PLAN

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

SAMY METYAS, M.D., INC.EIN 54-2109211Plan #003PY 2023

500 W. SAN BERNARDINO ROAD, SUITE A - COVINA, CA 91722626-966-1909LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.3M

+22.3% from 2022

Total participants

+21.1% from 2022

Average account balance

$187,050

+1.0% from 2022

Annual return

12.92%

+17.38 pp from 2022

Benchmarks

See 108,131 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,131 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$6.41M

Not enough data

1 years with asset history on file

Average account balance

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

$237K

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

$517K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$638

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Service code 27 2301 ROSECRANS AVE., #5100 · EL SEGUNDO, CA 902455670	Advisory (Plan)	$5,076
HBA ADVISORS LLC DBA EQUANAMITY2 years Service code 27 100 CORSON ST STE 210 · PASADENA, CA 911033870	Advisory (Plan)	$1,404
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$86
NATIONAL PENSION SERVICES CORP.1 year Service code 13 206 N 1ST AVE · ARCADIA, CA 91006	Contract Administrator	$30
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$5

Plan features & details

Pension benefit codes2E2F2H2J2T3D2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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.
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

1 tripped

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

$27K

$1341 / participant

Other / not subdivided$27K100.0%

% of EOY assets

0.623%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$187,050

$175,202+6.8%

$149,673+25.0%

$139,434+34.1%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

12.92%

166.71%-153.8pp

134.42%-121.5pp

372.94%-360.0pp

Employer contribution / active EE

$8,929

$5,474+63.1%

$4,818+85.3%

$4,751+88.0%

Participant deferral / active EE

$7,719

$6,519+18.4%

$5,680+35.9%

$6,710+15.0%

Admin fee / account holder

$1,166

$16,150-92.8%

$13,210-91.2%

$11,403-89.8%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Service code 27

2301 ROSECRANS AVE., #5100 · EL SEGUNDO, CA 902455670

Advisory (Plan)

$5,076

HBA ADVISORS LLC DBA EQUANAMITY2 years

Service code 27

100 CORSON ST STE 210 · PASADENA, CA 911033870

Advisory (Plan)

$1,404

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$86

NATIONAL PENSION SERVICES CORP.1 year

Service code 13

206 N 1ST AVE · ARCADIA, CA 91006

Contract Administrator

$30

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

SAMY METYAS, M.D., INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAMY METYAS, M.D., INC. 401(K) 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