Retirement plan

EYE SITE SACRAMENTO MEDICAL GRP, INC. 401(K) PLAN

Name: EYE SITE SACRAMENTO MEDICAL GROUP, INC. - EYE SITE SACRAMENTO MEDICAL GRP, INC. 401(K) PLAN (2024) Form 5500
Creator: EYE SITE SACRAMENTO MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EYE SITE SACRAMENTO MEDICAL GRP, INC. 401(K) PLAN, EYE SITE SACRAMENTO MEDICAL GROUP, INC.

EYE SITE SACRAMENTO MEDICAL GROUP, INC.EIN 57-1185919Plan #002PY 2024

4925 J STREET - SACRAMENTO, CA 95819916-452-8105

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.7M

+18.0% from 2023

Total participants

-9.1% from 2023

Average account balance

$161,763

+30.2% from 2023

Annual return

10.28%

-0.35 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.69M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

116.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$327K

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

+10.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$683

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$792 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.422%

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

$161,763

$81,276+99.0%

$155,574+4.0%

$80,925+99.9%

Participation rate

96.0%

66.2%+29.8pp

78.2%+17.8pp

67.7%+28.3pp

Annual return

10.28%

33.36%-23.1pp

64.87%-54.6pp

35.65%-25.4pp

Employer contribution / active EE

$8,491

$3,103+173.6%

$4,676+81.6%

$2,756+208.1%

Participant deferral / active EE

$4,571

$3,453+32.4%

$5,629-18.8%

$4,299+6.3%

Admin fee / account holder

$683

$7,993-91.5%

$15,914-95.7%

$6,940-90.2%

EYE SITE SACRAMENTO MEDICAL GRP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EYE SITE SACRAMENTO MEDICAL GRP, 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