Retirement plan

CALIFORNIA SPINE CENTER 401(K) PROFIT SHARING PLAN

Name: CALIFORNIA SPINE CENTER, A PROFESSIONAL MEDICAL CORPORATION - CALIFORNIA SPINE CENTER 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CALIFORNIA SPINE CENTER, A PROFESSIONAL MEDICAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA SPINE CENTER 401(K) PROFIT SHARING PLAN, CALIFORNIA SPINE CENTER, A PROFESSIONAL MEDICAL CORPORATION

CALIFORNIA SPINE CENTER, A PROFESSIONAL MEDICAL CORPORATIONEIN 56-2647754Plan #001PY 2024

2123 YGNACIO VALLEY ROAD, SUITE 200 - WALNUT CREEK, CA 94598925-926-0195LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$493K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+29.3% from 2023

Total participants

+14.3% from 2023

Average account balance

$99,109

+13.1% from 2023

Annual return

19.42%

-6.16 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

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+19.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J3D

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$99,109

$183,592-46.0%

$155,574-36.3%

$145,877-32.1%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

19.42%

61.37%-42.0pp

64.87%-45.5pp

551.28%-531.9pp

Employer contribution / active EE

$4,280

$5,317-19.5%

$4,676-8.5%

$4,663-8.2%

Participant deferral / active EE

$4,371

$6,466-32.4%

$5,629-22.3%

$6,691-34.7%

Admin fee / account holder

$19,316-100.0%

$15,914-100.0%

$13,402-100.0%

CALIFORNIA SPINE CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CALIFORNIA SPINE CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion