Retirement plan

CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. PROFIT SHARING PLAN

Name: CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. - CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. PROFIT SHARING PLAN, CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC.

CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC.EIN 68-0116562Plan #001PY 2023

3315 WATT AVE - SACRAMENTO, CA 958213600916-481-0777

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$124.1M

+19.9% from 2022

Total participants

181

+2.3% from 2022

Average account balance

$685,758

+17.2% from 2022

Annual return

17.99%

+33.63 pp from 2022

Benchmarks

See 5,708 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$140.77M

Not enough data

1 years with asset history on file

Average account balance

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

$778K

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.

181

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$54K

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$552

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
LECONTE WEALTH MANAGEMENT LLC1 year Service code 26 · EIN 92-0190572	Advisory (Participants)	$25,872
CIBC PRIVATE WEALTH ADVISORS I1 year Service code 26 · EIN 20-0822261	Advisory (Participants)	$21,856
TORREY GROWTH & INCOME ADVISOR2 years Service code 26 · EIN 20-4852758	Advisory (Participants)	$19,546
STATHEROS FINANCIAL SOLUTIONS, INC.1 year Filed as: STATHEROS FINANCIAL Service code 26 · EIN 84-2942542	Advisory (Participants)	$9,375
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage; ...	$1,615
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

3 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$82K

$556 / participant

Recordkeeping$4K5.1%
Investment mgmt$78K94.9%

% of EOY assets

0.066%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WILLIAMS & OLDS
Auditor EIN: 010560759
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$685,758

$61,356+1017.7%

$149,696+358.1%

$71,511+859.0%

Participation rate

100.0%

62.5%+37.5pp

78.8%+21.2pp

67.9%+32.1pp

Annual return

17.99%

35.86%-17.9pp

134.46%-116.5pp

28.86%-10.9pp

Employer contribution / active EE

$40,889

$2,382+1616.8%

$4,821+748.2%

$2,589+1479.2%

Participant deferral / active EE

$8,307

$2,920+184.5%

$5,682+46.2%

$4,291+93.6%

Admin fee / account holder

$452

$1,263-64.3%

$13,212-96.6%

$1,588-71.6%

Provider

Service type

Compensation

LECONTE WEALTH MANAGEMENT LLC1 year

Service code 26 · EIN 92-0190572

Advisory (Participants)

$25,872

CIBC PRIVATE WEALTH ADVISORS I1 year

Service code 26 · EIN 20-0822261

Advisory (Participants)

$21,856

TORREY GROWTH & INCOME ADVISOR2 years

Service code 26 · EIN 20-4852758

Advisory (Participants)

$19,546

STATHEROS FINANCIAL SOLUTIONS, INC.1 year

Filed as: STATHEROS FINANCIAL

Service code 26 · EIN 84-2942542

Advisory (Participants)

$9,375

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage; ...

$1,615

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL

Service code 59

Shareholder Servicing

CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL ANESTHESIA SERVICE EXCHANGE MEDICAL GROUP, INC. 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