Retirement plan

ATLANTA CARDIOLOGY CONSULTANTS PC 401(K) SAFE HARBOR WITH PROFIT SHARING PLAN

Name: ATLANTA CARDIOLOGY CONSULTANTS PC - ATLANTA CARDIOLOGY CONSULTANTS PC 401(K) SAFE HARBOR WITH PROFIT SHARING PLAN (2022) Form 5500
Creator: ATLANTA CARDIOLOGY CONSULTANTS PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATLANTA CARDIOLOGY CONSULTANTS PC 401(K) SAFE HARBOR WITH PROFIT SHARING PLAN, ATLANTA CARDIOLOGY CONSULTANTS PC

ATLANTA CARDIOLOGY CONSULTANTS PCdba ATLANTA CARDIOLOGY CONSULTANTS PCEIN 58-2077888Plan #003PY 2022

3905 BROOKSIDE PKWY STE 202 - ALPHARETTA, GA 300224425770-751-9131atlantacardiologyconsultants.comLinkedIn1-10 employees

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4.4M

+2.8% from 2021

Total participants

0.0% from 2021

Average account balance

$543,874

+2.8% from 2021

Annual return

1.07%

-25.10 pp from 2021

Benchmarks

See 105,966 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,966 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.06M

Not enough data

1 years with asset history on file

Average account balance

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

$723K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

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

+2.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3297

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 codes2E2G2J2R

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$543,874

$167,352+225.0%

$143,788+278.2%

$134,509+304.3%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

1.07%

0.47%+0.6pp

-0.03%+1.1pp

418.13%-417.1pp

Employer contribution / active EE

$1,912

$5,620-66.0%

$4,952-61.4%

$4,741-59.7%

Participant deferral / active EE

$7,375

$6,447+14.4%

$5,638+30.8%

$6,400+15.2%

Admin fee / account holder

$18,091-100.0%

$14,675-100.0%

$11,427-100.0%

ATLANTA CARDIOLOGY CONSULTANTS PC 401(K) SAFE HARBOR WITH PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ATLANTA CARDIOLOGY CONSULTANTS PC 401(K) SAFE HARBOR WITH 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