Retirement plan

CAROLINA ANESTHESIOLOGY ASSOCIATES, PA 401(K) PLAN

Name: CAROLINA ANESTHESIOLOGY ASSOCIATES, PA - CAROLINA ANESTHESIOLOGY ASSOCIATES, PA 401(K) PLAN (2020) Form 5500
Creator: CAROLINA ANESTHESIOLOGY ASSOCIATES, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAROLINA ANESTHESIOLOGY ASSOCIATES, PA 401(K) PLAN, CAROLINA ANESTHESIOLOGY ASSOCIATES, PA

CAROLINA ANESTHESIOLOGY ASSOCIATES, PAEIN 57-0524997Plan #001PY 2020

7490 NEW TECHNOLOGY WAY - FREDERICK, MD 21703240-566-1613

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$51.2M

-0.7% from 2019

Total participants

-5.9% from 2019

Average account balance

$813,098

+7.2% from 2019

Annual return

12.74%

-6.34 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$117K

Not enough data

1 years with asset history on file

Average account balance

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

$2K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$701925

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 codes2F2G2J2R2T3D2E

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$9.2M

$327232 / participant

Other / not subdivided$9M100.0%

% of EOY assets

17.887%

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

$813,098

$91,198+791.6%

$178,503+355.5%

$79,856+918.2%

Participation rate

96.4%

69.2%+27.2pp

81.9%+14.5pp

69.6%+26.8pp

Annual return

12.74%

24.20%-11.5pp

151.12%-138.4pp

31.71%-19.0pp

Employer contribution / active EE

$46,607

$3,257+1331.2%

$5,011+830.1%

$2,471+1786.0%

Participant deferral / active EE

$31,095

$3,237+860.8%

$5,202+497.7%

$3,741+731.3%

Admin fee / account holder

$145,437

$6,748+2055.2%

$13,987+939.8%

$5,306+2640.8%

CAROLINA ANESTHESIOLOGY ASSOCIATES, PA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAROLINA ANESTHESIOLOGY ASSOCIATES, PA 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