Retirement plan

MIAMI ASSOC IN PEDIATRIC SURGERY PA 401K PROFIT SHARING PLAN

Name: MIAMI ASSOCIATES IN PEDIATRIC SURGERY, PA - MIAMI ASSOC IN PEDIATRIC SURGERY PA 401K PROFIT SHARING PLAN (2020) Form 5500
Creator: MIAMI ASSOCIATES IN PEDIATRIC SURGERY, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIAMI ASSOC IN PEDIATRIC SURGERY PA 401K PROFIT SHARING PLAN, MIAMI ASSOCIATES IN PEDIATRIC SURGERY, PA

MIAMI ASSOCIATES IN PEDIATRIC SURGERY, PAdba F/K/A NAHMAD LANKAU & WEINBERGER MDS PAEIN 59-1608089Plan #001PY 2020

3200 SW 60TH CT STE 201 - MIAMI, FL 331554070305-662-8320pedisurgery.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-41.3% from 2019

Total participants

-10.5% from 2019

Average account balance

$178,279

-34.3% from 2019

Annual return

12.94%

-5.54 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.44M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$208K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+10.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3375

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$3.1M

$256233 / participant

Other / not subdivided$3M100.0%

% of EOY assets

101.453%

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

$178,279

$209,428-14.9%

$178,498-0.1%

$158,950+12.2%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

12.94%

188.78%-175.8pp

151.09%-138.2pp

302.91%-290.0pp

Employer contribution / active EE

$13,458

$5,707+135.8%

$5,011+168.6%

$4,762+182.6%

Participant deferral / active EE

$8,183

$5,955+37.4%

$5,202+57.3%

$5,983+36.8%

Admin fee / account holder

$180,870

$17,077+959.1%

$13,985+1193.3%

$11,248+1508.0%

MIAMI ASSOC IN PEDIATRIC SURGERY PA 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIAMI ASSOC IN PEDIATRIC SURGERY PA 401K 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