Retirement plan

PEDIATRICS IN BREVARD, P.A. 401(K) PROFIT SHARING PLAN

Name: PEDIATRICS IN BREVARD, P.A. - PEDIATRICS IN BREVARD, P.A. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: PEDIATRICS IN BREVARD, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEDIATRICS IN BREVARD, P.A. 401(K) PROFIT SHARING PLAN, PEDIATRICS IN BREVARD, P.A.

PEDIATRICS IN BREVARD, P.A.EIN 59-3477388Plan #002PY 2021

134 SOUTH WOODS DRIVE - ROCKLEDGE, FL 32955321-636-3081pedsinbrevard.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.8M

+12.1% from 2020

Total participants

102

-13.6% from 2020

Average account balance

$108,283

+28.9% from 2020

Annual return

17.76%

+14.90 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.24M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$647

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

+11.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2565

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

Top 2 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 26 301 E PINE ST · ORLANDO, FL 32801	Advisory (Participants)	$46,983
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969	Contract Administrator	$22,190

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

$74K

$1021 / participant

Investment mgmt$47K63.9%
Contract admin$22K30.2%
Other / not subdivided$4K5.9%

% of EOY assets

0.679%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,283

$95,406+13.5%

$185,849-41.7%

$85,847+26.1%

Participation rate

97.2%

68.8%+28.5pp

81.7%+15.5pp

69.3%+27.9pp

Annual return

17.76%

23.59%-5.8pp

122.10%-104.3pp

318.61%-300.8pp

Employer contribution / active EE

$2,040

$3,314-38.4%

$5,169-60.5%

$2,565-20.5%

Participant deferral / active EE

$2,967

$3,424-13.3%

$5,569-46.7%

$3,952-24.9%

Admin fee / account holder

$735

$7,214-89.8%

$16,244-95.5%

$6,261-88.3%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 26

301 E PINE ST · ORLANDO, FL 32801

Advisory (Participants)

$46,983

NEWPORT GROUP, INC.1 year

Service code 13 · EIN 27-2037969

Contract Administrator

$22,190

PEDIATRICS IN BREVARD, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEDIATRICS IN BREVARD, P.A. 401(K) 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