Retirement plan

JAMES M. MELOTEK, MD, PA 401(K) PLAN

Name: JAMES M. MELOTEK, MD, PA - JAMES M. MELOTEK, MD, PA 401(K) PLAN (2022) Form 5500
Creator: JAMES M. MELOTEK, MD, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMES M. MELOTEK, MD, PA 401(K) PLAN, JAMES M. MELOTEK, MD, PA

JAMES M. MELOTEK, MD, PAEIN 83-1870019Plan #001PY 2022

8980 SOUTH U.S. 1, SUITE 105 - PORT ST. LUCIE, FL 34952561-289-8800

Other plans on this EIN

1 filing

#002Retirement-$161K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$289K

+12.4% from 2021

Total participants

+33.3% from 2021

Average account balance

$36,083

-15.7% from 2021

Annual return

-17.16%

-34.83 pp from 2021

Benchmarks

See 105,966 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,966 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$768K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2191

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 codes2E2J3D

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$188 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.521%

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

$36,083

$167,352-78.4%

$143,788-74.9%

$134,509-73.2%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-17.16%

0.47%-17.6pp

-0.03%-17.1pp

418.13%-435.3pp

Employer contribution / active EE

$4,541

$5,620-19.2%

$4,952-8.3%

$4,741-4.2%

Participant deferral / active EE

$5,125

$6,447-20.5%

$5,638-9.1%

$6,400-19.9%

Admin fee / account holder

$188

$18,091-99.0%

$14,675-98.7%

$11,427-98.4%

JAMES M. MELOTEK, MD, PA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMES M. MELOTEK, MD, PA 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