Retirement plan

ZEBEDIAH A. STEARNS, MD (APMC) 401(K) PROFIT SHARING PLAN

Name: ZEBEDIAH A. STEARNS, MD (APMC) - ZEBEDIAH A. STEARNS, MD (APMC) 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: ZEBEDIAH A. STEARNS, MD (APMC)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZEBEDIAH A. STEARNS, MD (APMC) 401(K) PROFIT SHARING PLAN, ZEBEDIAH A. STEARNS, MD (APMC)

ZEBEDIAH A. STEARNS, MD (APMC)EIN 72-1512366Plan #001PY 2023

450 MOOSA BLVD., SUITE A - EUNICE, LA 70535337-546-6646LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.4M

+22.4% from 2022

Total participants

-11.1% from 2022

Average account balance

$344,022

+57.4% from 2022

Annual return

24.72%

+40.96 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.95M

Not enough data

1 years with asset history on file

Average account balance

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

$328K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+21.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1181

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$81K

$13524 / participant

Other / not subdivided$81K100.0%

% of EOY assets

3.370%

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

$344,022

$175,259+96.3%

$149,723+129.8%

$139,487+146.6%

Participation rate

83.3%

83.4%-0.1pp

78.8%+4.6pp

80.3%+3.0pp

Annual return

24.72%

166.82%-142.1pp

134.50%-109.8pp

373.84%-349.1pp

Employer contribution / active EE

$1,721

$5,478-68.6%

$4,821-64.3%

$4,755-63.8%

Participant deferral / active EE

$4,318

$6,522-33.8%

$5,682-24.0%

$6,713-35.7%

Admin fee / account holder

$11,592

$16,158-28.3%

$13,215-12.3%

$11,407+1.6%

ZEBEDIAH A. STEARNS, MD (APMC) 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZEBEDIAH A. STEARNS, MD (APMC) 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