Retirement plan

PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN

Name: PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION - PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN, PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION

PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATIONEIN 90-0068632Plan #001PY 2023

11190 WARNER AVENUE, SUITE 403 - FOUNTAIN VALLEY, CA 92708714-964-9060

Other plans on this EIN

1 filing

#002Retirement-$2.8M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.9M

+16.4% from 2022

Total participants

0.0% from 2022

Average account balance

$644,989

+16.4% from 2022

Annual return

8.33%

+21.80 pp from 2022

Benchmarks

See 108,045 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,045 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.19M

Not enough data

1 years with asset history on file

Average account balance

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

$729K

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

$81K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+8.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4248

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 codes2E2J2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$12K

$4076 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.632%

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

$644,989

$175,257+268.0%

$149,717+330.8%

$139,456+362.5%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

8.33%

166.70%-158.4pp

134.41%-126.1pp

373.45%-365.1pp

Employer contribution / active EE

$23,578

$5,477+330.5%

$4,820+389.2%

$4,753+396.1%

Participant deferral / active EE

$21,000

$6,521+222.0%

$5,682+269.6%

$6,711+212.9%

Admin fee / account holder

$4,076

$16,156-74.8%

$13,213-69.1%

$11,407-64.3%

PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PULMONARY CARE & SLEEP ASSOCIATES, A PROFESSIONAL MEDICAL CORPORATION 401(K) 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