Retirement plan

TRIBECA PEDIATRICS PLLC 401(K) PLAN

Name: TRIBECA PEDIATRICS PLLC - TRIBECA PEDIATRICS PLLC 401(K) PLAN (2024) Form 5500
Creator: TRIBECA PEDIATRICS PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIBECA PEDIATRICS PLLC 401(K) PLAN, TRIBECA PEDIATRICS PLLC

TRIBECA PEDIATRICS PLLCEIN 71-0902029Plan #003PY 2024

11 PARK PLACE - SUITE 1200 - NEW YORK, NY 10007212-226-7666tribecapediatrics.comLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$19.5M

+17.1% from 2023

Total participants

413

-2.8% from 2023

Average account balance

$54,026

+14.2% from 2023

Annual return

5.46%

-10.46 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$19.50M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

361

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.

85.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+5.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$240

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY7 years Service code 13 · EIN 42-0127290	Contract Administrator	$86,715
MAI CAPITAL MANAGEMENT, LLC1 year Service code 27 · EIN 61-1495162	Advisory (Plan)	$20,856
LWS WEALTH ADVISORS6 years Service code 27 · EIN 45-5222752	Advisory (Plan)	$18,629
PRIME CAPITAL INVESTMENT ADVISORS7 years Filed as: PRIME PENSIONS, INC. Service code 49 · EIN 46-1224594	Other Services	$3,632
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WISHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$87K

$240 / participant

Recordkeeping$87K100.0%

% of EOY assets

0.445%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LEHMAN FLYNN VOLLARO CPA'S PLLC
Auditor EIN: 841874983
Audit fees: $0
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,026

$50,815+6.3%

$155,509-65.3%

$77,643-30.4%

Participation rate

85.6%

63.1%+22.5pp

78.2%+7.4pp

70.6%+15.0pp

Annual return

5.46%

34.80%-29.3pp

64.67%-59.2pp

31.24%-25.8pp

Employer contribution / active EE

$3,733

$1,993+87.3%

$4,672-20.1%

$2,726+37.0%

Participant deferral / active EE

$4,431

$2,822+57.0%

$5,626-21.3%

$4,647-4.7%

Admin fee / account holder

$240

$437-45.0%

$15,912-98.5%

$430-44.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY7 years

Service code 13 · EIN 42-0127290

Contract Administrator

$86,715

MAI CAPITAL MANAGEMENT, LLC1 year

Service code 27 · EIN 61-1495162

Advisory (Plan)

$20,856

LWS WEALTH ADVISORS6 years

Service code 27 · EIN 45-5222752

Advisory (Plan)

$18,629

PRIME CAPITAL INVESTMENT ADVISORS7 years

Filed as: PRIME PENSIONS, INC.

Service code 49 · EIN 46-1224594

Other Services

$3,632

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WISHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

TRIBECA PEDIATRICS PLLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIBECA PEDIATRICS PLLC 401(K) 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