Retirement plan

GORDON SCHANZLIN NEW VISION INSTITUTE RETIREMENT SAVINGS PLAN

Name: GORDON SCHANZLIN NEW VISION INSTITUTE, INC. APMC - GORDON SCHANZLIN NEW VISION INSTITUTE RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: GORDON SCHANZLIN NEW VISION INSTITUTE, INC. APMC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GORDON SCHANZLIN NEW VISION INSTITUTE RETIREMENT SAVINGS PLAN, GORDON SCHANZLIN NEW VISION INSTITUTE, INC. APMC

GORDON SCHANZLIN NEW VISION INSTITUTE, INC. APMCEIN 81-2272000Plan #002PY 2019

8910 UNIVERSITY CENTER LANE, SUITE 800 - SAN DIEGO, CA 92122858-455-6800gwsvision.comLinkedIn11-50 employeesmedical practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$925K

+31.6% from 2018

Total participants

+22.2% from 2018

Average account balance

$132,100

+31.6% from 2018

Annual return

23.59%

+31.65 pp from 2018

Benchmarks

See 104,318 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,318 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.57M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$57K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1763

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 codes2F2G2J2T3D2E

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$132,100

$202,326-34.7%

$172,745-23.5%

$152,870-13.6%

Participation rate

42.9%

87.1%-44.2pp

82.6%-39.8pp

82.4%-39.6pp

Annual return

23.59%

1029.72%-1006.1pp

802.90%-779.3pp

345.34%-321.8pp

Employer contribution / active EE

$5,858-100.0%

$5,144-100.0%

$4,763-100.0%

Participant deferral / active EE

$7,998

$5,948+34.5%

$5,197+53.9%

$5,850+36.7%

Admin fee / account holder

$17,110-100.0%

$13,954-100.0%

$11,597-100.0%

GORDON SCHANZLIN NEW VISION INSTITUTE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GORDON SCHANZLIN NEW VISION INSTITUTE RETIREMENT SAVINGS 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