Retirement plan

CONSULTANTS IN PAIN MEDICINE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: CONSULTANTS IN PAIN MEDICINE, PLLC - CONSULTANTS IN PAIN MEDICINE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: CONSULTANTS IN PAIN MEDICINE, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSULTANTS IN PAIN MEDICINE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST, CONSULTANTS IN PAIN MEDICINE, PLLC

CONSULTANTS IN PAIN MEDICINE, PLLCEIN 74-2734272Plan #001PY 2024

45 NE LOOP 410, SUITE 850 - SAN ANTONIO, TX 78216210-805-9800cipm.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.6M

+14.3% from 2023

Total participants

122

-8.3% from 2023

Average account balance

$112,240

+24.7% from 2023

Annual return

14.16%

-3.18 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.58M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

121

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$726K

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$371

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 3 by compensation

Provider	Service type	Compensation
KELLY COMPTON INVESTMENTS LLC7 years Service code 27 23008 FOSSIL PEAK · SAN ANTONIO, TX 78261	Advisory (Plan)	$10,053
DEFINITI LLC2 years Filed as: DEFINITI, LLC Service code 13 2201 TIMBERLOCH PL STE 150 · THE WOODLANDS, TX 77380	Contract Administrator	$5,606
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$1,327

Plan features & details

Pension benefit codes2A2E2J2F2G2R3D3H

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.
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

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

$45K

$473 / participant

Contract admin$45K100.0%

% of EOY assets

0.331%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PAUL J FITZGERALD P.C.
Auditor EIN: 742969628
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,240

$81,331+38.0%

$155,534-27.8%

$80,935+38.7%

Participation rate

98.9%

66.3%+32.7pp

78.2%+20.7pp

67.7%+31.3pp

Annual return

14.16%

33.37%-19.2pp

64.92%-50.8pp

35.66%-21.5pp

Employer contribution / active EE

$3,951

$3,105+27.3%

$4,675-15.5%

$2,757+43.3%

Participant deferral / active EE

$3,688

$3,454+6.8%

$5,630-34.5%

$4,299-14.2%

Admin fee / account holder

$371

$7,999-95.4%

$15,900-97.7%

$6,924-94.6%

Provider

Service type

Compensation

KELLY COMPTON INVESTMENTS LLC7 years

Service code 27

23008 FOSSIL PEAK · SAN ANTONIO, TX 78261

Advisory (Plan)

$10,053

DEFINITI LLC2 years

Filed as: DEFINITI, LLC

Service code 13

2201 TIMBERLOCH PL STE 150 · THE WOODLANDS, TX 77380

Contract Administrator

$5,606

AMERICAN FUNDS4 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$1,327

CONSULTANTS IN PAIN MEDICINE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSULTANTS IN PAIN MEDICINE, PLLC 401(K) PROFIT SHARING PLAN AND 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