Retirement plan

SANJAY LODHA PHYSICIAN, PC 401(K) PROFIT SHARING PENSION PLAN

Name: SANJAY LODHA PHYSICIAN, PC - SANJAY LODHA PHYSICIAN, PC 401(K) PROFIT SHARING PENSION PLAN (2023) Form 5500
Creator: SANJAY LODHA PHYSICIAN, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANJAY LODHA PHYSICIAN, PC 401(K) PROFIT SHARING PENSION PLAN, SANJAY LODHA PHYSICIAN, PC

SANJAY LODHA PHYSICIAN, PCEIN 75-3099955Plan #003PY 2023

16 OLD HOMESTEAD WAY - ALBERTSON, NY 11507718-886-4848LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$2.4M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1M

+17.7% from 2022

Total participants

0.0% from 2022

Average account balance

$208,612

+17.7% from 2022

Annual return

10.40%

+20.23 pp from 2022

Benchmarks

See 108,045 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,045 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.20M

Not enough data

1 years with asset history on file

Average account balance

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

$240K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+7.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2D2E2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$208,612

$175,257+19.0%

$149,717+39.3%

$139,456+49.6%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

10.40%

166.70%-156.3pp

134.41%-124.0pp

373.45%-363.1pp

Employer contribution / active EE

$3,111

$5,477-43.2%

$4,820-35.5%

$4,753-34.5%

Participant deferral / active EE

$13,125

$6,521+101.3%

$5,682+131.0%

$6,711+95.6%

Admin fee / account holder

$16,156-100.0%

$13,213-100.0%

$11,407-100.0%

SANJAY LODHA PHYSICIAN, PC 401(K) PROFIT SHARING PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SANJAY LODHA PHYSICIAN, PC 401(K) PROFIT SHARING PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion