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 (2022) 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 2022

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)

$10.9M

+1.1% from 2021

Total participants

104

+2.0% from 2021

Average account balance

$106,237

-1.9% from 2021

Annual return

12.03%

-5.73 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 26 301 E PINE ST · ORLANDO, FL 32801	Advisory (Participants)	$32,049
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969	Contract Administrator	$21,990

Plan features & details

Pension benefit codes2A2E2F2G2J3D3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

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

$58K

$1062 / participant

Investment mgmt$32K54.8%
Contract admin$22K37.6%
Other / not subdivided$4K7.5%

% of EOY assets

0.534%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICE KUBECKA
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,237

$73,863+43.8%

$143,797-26.1%

$68,490+55.1%

Participation rate

98.2%

66.7%+31.5pp

80.3%+17.9pp

67.9%+30.3pp

Annual return

12.03%

0.91%+11.1pp

-0.04%+12.1pp

-7.85%+19.9pp

Employer contribution / active EE

$4,204

$3,185+32.0%

$4,952-15.1%

$2,597+61.9%

Participant deferral / active EE

$3,960

$3,385+17.0%

$5,638-29.8%

$4,028-1.7%

Admin fee / account holder

$567

$5,756-90.1%

$14,679-96.1%

$5,403-89.5%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 26

301 E PINE ST · ORLANDO, FL 32801

Advisory (Participants)

$32,049

NEWPORT GROUP, INC.2 years

Service code 13 · EIN 27-2037969

Contract Administrator

$21,990

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