Retirement plan

ISSA F. BAROUDI MD PA/PROMENADES SURGERY CENTER 401(K) PROFIT SHARING PLAN AND TRUST

Name: ISSA F. BAROUDI, M.D., P.A. - ISSA F. BAROUDI MD PA/PROMENADES SURGERY CENTER 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: ISSA F. BAROUDI, M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ISSA F. BAROUDI MD PA/PROMENADES SURGERY CENTER 401(K) PROFIT SHARING PLAN AND TRUST, ISSA F. BAROUDI, M.D., P.A.

ISSA F. BAROUDI, M.D., P.A.EIN 59-2206084Plan #002PY 2024

3222 TAMIAMI TRL - PORT CHARLOTTE, FL 339528048941-627-5155LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$141K

+21.1% from 2023

Total participants

-25.0% from 2023

Average account balance

$23,428

+61.5% from 2023

Annual return

31.41%

+6.23 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$141K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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

$118K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+31.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21704

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 codes2J

Plan features

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.

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

$130K

$21704 / participant

Other / not subdivided$130K100.0%

% of EOY assets

92.639%

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

$23,428

$183,539-87.2%

$155,556-84.9%

$145,897-83.9%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

31.41%

61.31%-29.9pp

64.84%-33.4pp

552.29%-520.9pp

Employer contribution / active EE

$1,600

$5,315-69.9%

$4,675-65.8%

$4,663-65.7%

Participant deferral / active EE

$18,108

$6,467+180.0%

$5,631+221.6%

$6,689+170.7%

Admin fee / account holder

$21,704

$19,275+12.6%

$15,885+36.6%

$13,390+62.1%

ISSA F. BAROUDI MD PA/PROMENADES SURGERY CENTER 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ISSA F. BAROUDI MD PA/PROMENADES SURGERY CENTER 401(K) PROFIT SHARING PLAN AND TRUST

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