Retirement plan

ANNISTON EAR, NOSE & THROAT, P.C. PROFIT SHARING PLAN

Name: ANNISTON EAR, NOSE & THROAT, P.C. - ANNISTON EAR, NOSE & THROAT, P.C. PROFIT SHARING PLAN (2023) Form 5500
Creator: ANNISTON EAR, NOSE & THROAT, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANNISTON EAR, NOSE & THROAT, P.C. PROFIT SHARING PLAN, ANNISTON EAR, NOSE & THROAT, P.C.

ANNISTON EAR, NOSE & THROAT, P.C.EIN 63-0699546Plan #003PY 2023

901 LEIGHTON AVE, SUITE 601 - ANNISTON, AL 36207256-236-4426annistonent.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+10.6% from 2022

Total participants

0.0% from 2022

Average account balance

$152,282

+10.6% from 2022

Annual return

12.51%

+26.67 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.51M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$36K

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

+9.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2296

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing 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

$60K

$7535 / participant

Other / not subdivided$60K100.0%

% of EOY assets

4.398%

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

$152,282

$175,259-13.1%

$149,723+1.7%

$139,487+9.2%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

12.51%

166.82%-154.3pp

134.50%-122.0pp

373.84%-361.3pp

Employer contribution / active EE

$4,533

$5,478-17.3%

$4,821-6.0%

$4,755-4.7%

Participant deferral / active EE

$6,522-100.0%

$5,682-100.0%

$6,713-100.0%

Admin fee / account holder

$6,698

$16,158-58.5%

$13,215-49.3%

$11,407-41.3%

ANNISTON EAR, NOSE & THROAT, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANNISTON EAR, NOSE & THROAT, P.C. 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