Retirement plan

JEMISON INTERNAL MEDICINE. P.C. 401 (K) PROFIT SHARING PLAN

Name: JEMISON INTERNAL MEDICINE, P.C. - JEMISON INTERNAL MEDICINE. P.C. 401 (K) PROFIT SHARING PLAN (2021) Form 5500
Creator: JEMISON INTERNAL MEDICINE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEMISON INTERNAL MEDICINE. P.C. 401 (K) PROFIT SHARING PLAN, JEMISON INTERNAL MEDICINE, P.C.

JEMISON INTERNAL MEDICINE, P.C.EIN 63-1229007Plan #001PY 2021

P.O. BOX 669 - JEMISON, AL 35085205-688-4050LinkedIn1-10 employeesfacilities services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+19.6% from 2020

Total participants

0.0% from 2020

Average account balance

$188,346

+19.6% from 2020

Annual return

15.56%

+2.83 pp from 2020

Benchmarks

See 103,200 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,200 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$266K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4468

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$18K

$2574 / participant

Other / not subdivided$18K100.0%

% of EOY assets

1.196%

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

$188,346

$217,427-13.4%

$185,837+1.3%

$167,518+12.4%

Participation rate

100.0%

86.0%+14.0pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

15.56%

148.39%-132.8pp

122.08%-106.5pp

478.71%-463.1pp

Employer contribution / active EE

$2,200

$5,874-62.5%

$5,168-57.4%

$4,838-54.5%

Participant deferral / active EE

$6,511

$6,357+2.4%

$5,568+16.9%

$6,342+2.7%

Admin fee / account holder

$2,252

$19,816-88.6%

$16,241-86.1%

$12,312-81.7%

JEMISON INTERNAL MEDICINE. P.C. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEMISON INTERNAL MEDICINE. 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