Retirement plan

CUMBERLAND PEDIATRIC ASSOCIATES 401(K) PROFIT SHARING PLAN &TRUS

Name: CUMBERLAND PEDIATRIC ASSOCIATES - CUMBERLAND PEDIATRIC ASSOCIATES 401(K) PROFIT SHARING PLAN &TRUS (2022) Form 5500
Creator: CUMBERLAND PEDIATRIC ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUMBERLAND PEDIATRIC ASSOCIATES 401(K) PROFIT SHARING PLAN &TRUS, CUMBERLAND PEDIATRIC ASSOCIATES

CUMBERLAND PEDIATRIC ASSOCIATESEIN 62-1789969Plan #002PY 2022

1029 W. MAIN ST. STE. M - LEBANON, TN 37087615-969-8813cumberland-pediatrics.comLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$886K

-12.5% from 2021

Total participants

+12.1% from 2021

Average account balance

$26,054

-17.7% from 2021

Annual return

-18.29%

-31.45 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

$416K

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

139.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32298

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$88K

$2600 / participant

Other / not subdivided$88K100.0%

% of EOY assets

9.979%

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

$26,054

$73,863-64.7%

$143,797-81.9%

$68,490-62.0%

Participation rate

91.2%

66.7%+24.5pp

80.3%+10.9pp

67.9%+23.3pp

Annual return

-18.29%

0.91%-19.2pp

-0.04%-18.2pp

-7.85%-10.4pp

Employer contribution / active EE

$1,435

$3,185-54.9%

$4,952-71.0%

$2,597-44.7%

Participant deferral / active EE

$2,225

$3,385-34.3%

$5,638-60.5%

$4,028-44.8%

Admin fee / account holder

$2,600

$5,756-54.8%

$14,679-82.3%

$5,403-51.9%

CUMBERLAND PEDIATRIC ASSOCIATES 401(K) PROFIT SHARING PLAN &TRUS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUMBERLAND PEDIATRIC ASSOCIATES 401(K) PROFIT SHARING PLAN &TRUS

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