Retirement plan

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN

Name: PLASTIC SURGERY CENTER OF HSV, INC - PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN (2022) Form 5500
Creator: PLASTIC SURGERY CENTER OF HSV, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN, PLASTIC SURGERY CENTER OF HSV, INC

PLASTIC SURGERY CENTER OF HSV, INCEIN 63-1069132Plan #001PY 2022

303 WILLIAMS AVENUE, SUITE 1421 - HUNTSVILLE, AL 35801256-536-4448

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.3M

-11.6% from 2021

Total participants

-1.6% from 2021

Average account balance

$198,744

-10.2% from 2021

Annual return

-14.30%

-25.75 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

$16.00M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$704K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14975

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 codes2E2F2G2J2R2S

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

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

$251K

$5987 / participant

Other / not subdivided$251K100.0%

% of EOY assets

2.041%

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

$198,744

$73,863+169.1%

$143,797+38.2%

$68,490+190.2%

Participation rate

100.0%

66.7%+33.3pp

80.3%+19.7pp

67.9%+32.1pp

Annual return

-14.30%

0.91%-15.2pp

-0.04%-14.3pp

-7.85%-6.4pp

Employer contribution / active EE

$6,709

$3,185+110.7%

$4,952+35.5%

$2,597+158.4%

Participant deferral / active EE

$8,298

$3,385+145.2%

$5,638+47.2%

$4,028+106.0%

Admin fee / account holder

$4,056

$5,756-29.5%

$14,679-72.4%

$5,403-24.9%

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLASTIC SURGERY CENTER OF HUNTSVILLE, INC 401K 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