Retirement plan

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST

Name: ANESTHESIA SERVICE MEDICAL GROUP, INC. - ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST (2022) Form 5500
Creator: ANESTHESIA SERVICE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST, ANESTHESIA SERVICE MEDICAL GROUP, INC.

ANESTHESIA SERVICE MEDICAL GROUP, INC.EIN 95-1965700Plan #002PY 2022

3626 RUFFIN ROAD - SAN DIEGO, CA 92123858-495-2087asmgmd.comLinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$19.5M assets

Prospect flagsHigh feesHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$322M

-6.5% from 2016

Total participants

317

-5.0% from 2016

Average account balance

$1,045,427

-2.1% from 2016

Annual return

-14.94%

-8.08 pp from 2016

Benchmarks

See 3,874 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,874 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$390.85M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

315

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.

87.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+16.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
WEST COAST FINANCIAL8+ years Service code 52 · EIN 26-1516464	Indirect Investment Fees	$36,331
DOWLING & YAHNKE LLC8+ years Filed as: DOWLING & YAHNKE Service code 52 · EIN 26-0266092	Indirect Investment Fees	$20,323
WEATHERLY ASSET MANAGEMENT8+ years Service code 52 · EIN 33-0638187	Indirect Investment Fees	$13,834
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$12,312
TORREY CAPITAL INVESTMENTS6 years Service code 52 · EIN 45-0651612	Indirect Investment Fees	$5,384

Plan features & details

Pension benefit codes2G2J2F2K2T3H2E2R

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$93K

$369 / participant

Investment mgmt$76K81.8%
Other / not subdivided$17K18.2%

% of EOY assets

0.029%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,045,427

$46,339+2156.0%

$143,801+627.0%

$64,829+1512.6%

Participation rate

96.4%

64.3%+32.2pp

80.3%+16.1pp

71.5%+24.9pp

Annual return

-14.94%

-10.05%-4.9pp

-0.04%-14.9pp

32.85%-47.8pp

Employer contribution / active EE

$47,182

$1,911+2368.9%

$4,952+852.7%

$2,507+1781.9%

Participant deferral / active EE

$7,830

$2,648+195.7%

$5,639+38.9%

$4,312+81.6%

Admin fee / account holder

$301

$154+95.7%

$14,680-97.9%

$188+60.3%

Provider

Service type

Compensation

WEST COAST FINANCIAL8+ years

Service code 52 · EIN 26-1516464

Indirect Investment Fees

$36,331

DOWLING & YAHNKE LLC8+ years

Filed as: DOWLING & YAHNKE

Service code 52 · EIN 26-0266092

Indirect Investment Fees

$20,323

WEATHERLY ASSET MANAGEMENT8+ years

Service code 52 · EIN 33-0638187

Indirect Investment Fees

$13,834

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$12,312

TORREY CAPITAL INVESTMENTS6 years

Service code 52 · EIN 45-0651612

Indirect Investment Fees

$5,384

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIA SERVICE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN TRUST

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