Retirement plan

CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP 401K PLAN

Name: CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP - CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP 401K PLAN (2022) Form 5500
Creator: CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP 401K PLAN, CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP

CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORPEIN 95-4083140Plan #006PY 2022

415 W. ROUTE 66, STE 102 - GLENDORA, CA 91740626-960-2326LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#005Retirement-$3.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.3M

-8.3% from 2021

Total participants

0.0% from 2021

Average account balance

$333,134

-8.3% from 2021

Annual return

-15.87%

-25.23 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.35M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

102.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$436K

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

+76.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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 codes2E2G2J3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$7K

$1095 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.282%

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

$333,134

$167,353+99.1%

$143,797+131.7%

$134,545+147.6%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-15.87%

0.48%-16.3pp

-0.04%-15.8pp

418.37%-434.2pp

Employer contribution / active EE

$14,922

$5,620+165.5%

$4,952+201.3%

$4,742+214.7%

Participant deferral / active EE

$18,167

$6,447+181.8%

$5,638+222.2%

$6,401+183.8%

Admin fee / account holder

$939

$18,096-94.8%

$14,679-93.6%

$11,431-91.8%

CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITRUS VALLEY GASTROENTEROLOGY, A CA MED CORP 401K 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