Retirement plan

INFECTIOUS DISEASE SPECIALISTS, P.C. PROFIT SHARIN

Name: INFECTIOUS DISEASE SPECIALISTS, P.C. - INFECTIOUS DISEASE SPECIALISTS, P.C. PROFIT SHARIN (2023) Form 5500
Creator: INFECTIOUS DISEASE SPECIALISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFECTIOUS DISEASE SPECIALISTS, P.C. PROFIT SHARIN, INFECTIOUS DISEASE SPECIALISTS, P.C.

INFECTIOUS DISEASE SPECIALISTS, P.C.EIN 84-1328283Plan #002PY 2023

3230 E. WOODMEN RD., SUITE 210 - COLORADO SPRINGS, CO 809208502719-510-9309LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.5M

+27.6% from 2022

Total participants

+70.0% from 2022

Average account balance

$219,679

+2.1% from 2022

Annual return

20.38%

+37.73 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.79M

Not enough data

1 years with asset history on file

Average account balance

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

$272K

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

$422K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+18.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6127

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 codes2E2F2G2T3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$69K

$2158 / participant

Other / not subdivided$69K100.0%

% of EOY assets

1.257%

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

$219,679

$77,920+181.9%

$149,723+46.7%

$75,177+192.2%

Participation rate

71.9%

65.6%+6.3pp

78.8%-6.9pp

67.2%+4.7pp

Annual return

20.38%

31.72%-11.3pp

134.50%-114.1pp

160.75%-140.4pp

Employer contribution / active EE

$8,238

$3,138+162.5%

$4,821+70.9%

$2,671+208.4%

Participant deferral / active EE

$3,676

$3,411+7.8%

$5,682-35.3%

$4,126-10.9%

Admin fee / account holder

$2,762

$5,951-53.6%

$13,215-79.1%

$5,651-51.1%

INFECTIOUS DISEASE SPECIALISTS, P.C. PROFIT SHARIN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFECTIOUS DISEASE SPECIALISTS, P.C. PROFIT SHARIN

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