Retirement plan

PAIN AND SPINE CONSULTANTS OF TEXAS PLLC 401(K) PLAN

Name: PAIN AND SPINE CONSULTANTS OF TEXAS PLLC - PAIN AND SPINE CONSULTANTS OF TEXAS PLLC 401(K) PLAN (2023) Form 5500
Creator: PAIN AND SPINE CONSULTANTS OF TEXAS PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAIN AND SPINE CONSULTANTS OF TEXAS PLLC 401(K) PLAN, PAIN AND SPINE CONSULTANTS OF TEXAS PLLC

PAIN AND SPINE CONSULTANTS OF TEXAS PLLCEIN 81-1094891Plan #002PY 2023

2801 FRANCISCAN DR. - BRYAN, TX 77802979-218-8288

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$356K

+240.4% from 2022

Total participants

0.0% from 2022

Average account balance

$177,765

+240.4% from 2022

Annual return

141.32%

+225.64 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.63M

Not enough data

1 years with asset history on file

Average account balance

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

$1.6M

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+551.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$749612

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$2K

$527 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.593%

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

$177,765

$175,231+1.4%

$149,696+18.8%

$139,466+27.5%

Participation rate

50.0%

83.4%-33.4pp

78.8%-28.8pp

80.3%-30.3pp

Annual return

141.32%

166.77%-25.4pp

134.46%+6.9pp

373.66%-232.3pp

Employer contribution / active EE

$10,875

$5,478+98.5%

$4,821+125.6%

$4,754+128.8%

Participant deferral / active EE

$15,000

$6,521+130.0%

$5,682+164.0%

$6,712+123.5%

Admin fee / account holder

$1,054

$16,155-93.5%

$13,212-92.0%

$11,409-90.8%

PAIN AND SPINE CONSULTANTS OF TEXAS PLLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAIN AND SPINE CONSULTANTS OF TEXAS PLLC 401(K) 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