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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#005Retirement-$3.2M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.8M

+19.5% from 2022

Total participants

-14.3% from 2022

Average account balance

$464,265

+39.4% from 2022

Annual return

43.47%

+59.34 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

$781K

$130175 / participant

Other / not subdivided$781K100.0%

% of EOY assets

28.039%

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

$464,265

$175,259+164.9%

$149,723+210.1%

$139,487+232.8%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

43.47%

166.82%-123.4pp

134.50%-91.0pp

373.84%-330.4pp

Employer contribution / active EE

$15,583

$5,478+184.4%

$4,821+223.2%

$4,755+227.7%

Participant deferral / active EE

$21,250

$6,522+225.8%

$5,682+274.0%

$6,713+216.6%

Admin fee / account holder

$130,175

$16,158+705.6%

$13,215+885.1%

$11,407+1041.2%

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