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 (2023) 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 2023

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)

$3.9M

+24.8% from 2022

Total participants

0.0% from 2022

Average account balance

$216,384

+24.8% from 2022

Annual return

13.41%

+28.90 pp from 2022

Benchmarks

See 108,045 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,045 peers

Snapshot2023

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

$52K

$4689 / participant

Other / not subdivided$52K100.0%

% of EOY assets

1.324%

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

$216,384

$175,257+23.5%

$149,717+44.5%

$139,456+55.2%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

13.41%

166.70%-153.3pp

134.41%-121.0pp

373.45%-360.0pp

Employer contribution / active EE

$25,027

$5,477+357.0%

$4,820+419.3%

$4,753+426.6%

Participant deferral / active EE

$11,428

$6,521+75.2%

$5,682+101.1%

$6,711+70.3%

Admin fee / account holder

$2,866

$16,156-82.3%

$13,213-78.3%

$11,407-74.9%

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