Retirement plan

ROBERTO CANALES, M.D., P.A. 401(K) PLAN & TRUST

Name: ROBERTO CANALES, M.D., P.A. - ROBERTO CANALES, M.D., P.A. 401(K) PLAN & TRUST (2016) Form 5500
Creator: ROBERTO CANALES, M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBERTO CANALES, M.D., P.A. 401(K) PLAN & TRUST, ROBERTO CANALES, M.D., P.A.

ROBERTO CANALES, M.D., P.A.EIN 74-2298260Plan #003PY 2016

1733 CURIE DR STE 103 - EL PASO, TX 799022909915-532-2985LinkedIn51-200 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$46K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+10.3% from 2015

Total participants

+4.8% from 2015

Average account balance

$22,160

+5.2% from 2015

Annual return

5.09%

+4.27 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

260.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$219K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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 codes2E2G2J3D

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.
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

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

$94K

$2757 / participant

Other / not subdivided$94K100.0%

% of EOY assets

6.408%

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

$22,160

$77,638-71.5%

$156,551-85.8%

$62,881-64.8%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

5.09%

50.33%-45.2pp

32.23%-27.1pp

20.14%-15.1pp

Employer contribution / active EE

$2,006

$3,444-41.8%

$5,501-63.5%

$2,281-12.1%

Participant deferral / active EE

$2,748

$3,046-9.8%

$4,871-43.6%

$3,203-14.2%

Admin fee / account holder

$1,420

$5,561-74.5%

$13,028-89.1%

$4,296-66.9%

ROBERTO CANALES, M.D., P.A. 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBERTO CANALES, M.D., P.A. 401(K) PLAN & TRUST

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