Retirement plan

KINETIC PHYSICAL THERAPY INSTITUTE 401K PROFIT SHARING PLAN

Name: KINETIC PHYSICAL THERAPY INSTITUTE - KINETIC PHYSICAL THERAPY INSTITUTE 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: KINETIC PHYSICAL THERAPY INSTITUTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINETIC PHYSICAL THERAPY INSTITUTE 401K PROFIT SHARING PLAN, KINETIC PHYSICAL THERAPY INSTITUTE

KINETIC PHYSICAL THERAPY INSTITUTEEIN 81-0672062Plan #002PY 2024

731 BIELENBERG DRIVE, SUITE 107 - WOODBURY, MN 551251701651-730-7771kineticinstitute.comLinkedIn1-10 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#003Retirement-$685K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+15.8% from 2023

Total participants

0.0% from 2023

Average account balance

$219,503

+15.8% from 2023

Annual return

12.56%

-2.35 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.54M

Not enough data

1 years with asset history on file

Average account balance

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

$220K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4767

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 codes2E2F2G3D

Plan features

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.
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

$33K

$5562 / participant

Other / not subdivided$33K100.0%

% of EOY assets

2.172%

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

$219,503

$183,592+19.6%

$155,574+41.1%

$145,877+50.5%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

12.56%

61.37%-48.8pp

64.87%-52.3pp

551.28%-538.7pp

Employer contribution / active EE

$7,274

$5,317+36.8%

$4,676+55.6%

$4,663+56.0%

Participant deferral / active EE

$5,541

$6,466-14.3%

$5,629-1.6%

$6,691-17.2%

Admin fee / account holder

$4,767

$19,316-75.3%

$15,914-70.0%

$13,402-64.4%

KINETIC PHYSICAL THERAPY INSTITUTE 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINETIC PHYSICAL THERAPY INSTITUTE 401K 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