Retirement plan

FORSYTH PLASTIC SURG ASSOC PS PLAN

Name: FORSYTH PLASTIC SURGICAL - FORSYTH PLASTIC SURG ASSOC PS PLAN (2020) Form 5500
Creator: FORSYTH PLASTIC SURGICAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORSYTH PLASTIC SURG ASSOC PS PLAN, FORSYTH PLASTIC SURGICAL

FORSYTH PLASTIC SURGICALEIN 56-1076747Plan #001PY 2020

2901 MAPLEWOOD AVENUE - WINSTON-SALEM, NC 27103336-765-8620LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.3M

+20.9% from 2019

Total participants

+3.1% from 2019

Average account balance

$133,330

+13.4% from 2019

Annual return

15.97%

-9.85 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.13M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

103.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$256K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4414

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 codes2H2T3D

Plan features

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.
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

$74K

$3212 / participant

Other / not subdivided$74K100.0%

% of EOY assets

1.731%

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

$133,330

$209,428-36.3%

$178,498-25.3%

$158,950-16.1%

Participation rate

95.7%

86.4%+9.3pp

81.9%+13.7pp

82.0%+13.7pp

Annual return

15.97%

188.78%-172.8pp

151.09%-135.1pp

302.91%-286.9pp

Employer contribution / active EE

$2,394

$5,707-58.1%

$5,011-52.2%

$4,762-49.7%

Participant deferral / active EE

$6,163

$5,955+3.5%

$5,202+18.5%

$5,983+3.0%

Admin fee / account holder

$2,308

$17,077-86.5%

$13,985-83.5%

$11,248-79.5%

FORSYTH PLASTIC SURG ASSOC PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORSYTH PLASTIC SURG ASSOC PS 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