Retirement plan

CHARLESTON PATHOLOGY, P. A. 401(K) PROFIT SHARING PLAN

Name: CHARLESTON PATHOLOGY, P.A. - CHARLESTON PATHOLOGY, P. A. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CHARLESTON PATHOLOGY, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLESTON PATHOLOGY, P. A. 401(K) PROFIT SHARING PLAN, CHARLESTON PATHOLOGY, P.A.

CHARLESTON PATHOLOGY, P.A.EIN 57-0694298Plan #003PY 2024

125 DOUGHTY STREET, SUITE 480 - CHARLESTON, SC 29403843-769-6345

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$17M

+0.4% from 2023

Total participants

-4.4% from 2023

Average account balance

$458,866

+14.0% from 2023

Annual return

10.27%

-4.90 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

$16.98M

Not enough data

1 years with asset history on file

Average account balance

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

$459K

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.

168.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$279K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52599

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 codes2E2F2G2J3D

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.
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

$1.9M

$88462 / participant

Other / not subdivided$2M100.0%

% of EOY assets

11.463%

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

$458,866

$183,627+149.9%

$155,602+194.9%

$145,978+214.3%

Participation rate

72.7%

82.7%-10.0pp

78.2%-5.5pp

80.3%-7.6pp

Annual return

10.27%

61.32%-51.0pp

64.81%-54.5pp

550.52%-540.2pp

Employer contribution / active EE

$6,551

$5,316+23.2%

$4,675+40.1%

$4,662+40.5%

Participant deferral / active EE

$6,134

$6,466-5.1%

$5,629+9.0%

$6,690-8.3%

Admin fee / account holder

$52,599

$19,327+172.1%

$15,923+230.3%

$13,400+292.5%

CHARLESTON PATHOLOGY, P. A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLESTON PATHOLOGY, P. A. 401(K) 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