Retirement plan

ALABAMA COASTAL RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

Name: ALABAMA COASTAL RADIOLOGY, PC - ALABAMA COASTAL RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ALABAMA COASTAL RADIOLOGY, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALABAMA COASTAL RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN, ALABAMA COASTAL RADIOLOGY, PC

ALABAMA COASTAL RADIOLOGY, PCEIN 63-0718694Plan #003PY 2024

PO BOX 9369 - MOBILE, AL 36691251-341-1005LinkedIn11-50 employees

Other plans on this EIN

1 filing

#006Retirement-$3.9M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$21.1M

-9.0% from 2023

Total participants

+8.3% from 2023

Average account balance

$878,297

-9.0% from 2023

Annual return

12.10%

-3.23 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.08M

Not enough data

1 years with asset history on file

Average account balance

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

$878K

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$47K

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259721

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$6.2M

$239742 / participant

Other / not subdivided$6M100.0%

% of EOY assets

29.571%

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

$878,297

$81,233+981.2%

$155,567+464.6%

$80,874+986.0%

Participation rate

92.3%

66.2%+26.1pp

78.2%+14.1pp

67.6%+24.7pp

Annual return

12.10%

33.33%-21.2pp

64.74%-52.6pp

35.62%-23.5pp

Employer contribution / active EE

$31,572

$3,101+918.2%

$4,674+575.5%

$2,756+1045.7%

Participant deferral / active EE

$15,462

$3,452+347.9%

$5,628+174.7%

$4,297+259.8%

Admin fee / account holder

$259,721

$7,998+3147.5%

$15,916+1531.8%

$6,935+3645.0%

ALABAMA COASTAL RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALABAMA COASTAL RADIOLOGY, P.C. 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