Retirement plan

EMPLOYEES' PROFIT SHARING PLAN OF NORTH BROWARD RADIOLOGISTS, P.A.

Name: NORTH BROWARD RADIOLOGISTS, P.A. - EMPLOYEES' PROFIT SHARING PLAN OF NORTH BROWARD RADIOLOGISTS, P.A. (2023) Form 5500
Creator: NORTH BROWARD RADIOLOGISTS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES' PROFIT SHARING PLAN OF NORTH BROWARD RADIOLOGISTS, P.A., NORTH BROWARD RADIOLOGISTS, P.A.

NORTH BROWARD RADIOLOGISTS, P.A.EIN 59-1266388Plan #002PY 2023

6330 N. ANDREWS AVENUE, SUITE 299 - FORT LAUDERDALE, FL 33309954-358-5240nbradiologists.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$31.5M

+11.1% from 2022

Total participants

-3.6% from 2022

Average account balance

$1,167,253

+11.1% from 2022

Annual return

13.30%

+29.91 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.77M

Not enough data

1 years with asset history on file

Average account balance

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

$1.5M

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

$1.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$62K

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

+13.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30494

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 codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.3M

$87716 / participant

Other / not subdivided$2M100.0%

% of EOY assets

7.236%

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

$1,167,253

$77,908+1398.2%

$149,696+679.7%

$75,173+1452.8%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

13.30%

31.73%-18.4pp

134.46%-121.2pp

160.72%-147.4pp

Employer contribution / active EE

$55,596

$3,138+1671.9%

$4,821+1053.3%

$2,671+1981.5%

Participant deferral / active EE

$3,936

$3,411+15.4%

$5,682-30.7%

$4,126-4.6%

Admin fee / account holder

$84,467

$5,950+1319.7%

$13,212+539.3%

$5,651+1394.8%

EMPLOYEES' PROFIT SHARING PLAN OF NORTH BROWARD RADIOLOGISTS, P.A.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES' PROFIT SHARING PLAN OF NORTH BROWARD RADIOLOGISTS, P.A.

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