Retirement plan

GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP, INC. RETIREMENT PLAN

Name: GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP APC - GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP, INC. RETIREMENT PLAN (2024) Form 5500
Creator: GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP APC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP, INC. RETIREMENT PLAN, GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP APC

GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP APCEIN 95-4126874Plan #001PY 2024

5151 N PALM AVENUE, SUITE 920 - FRESNO, CA 93704559-224-7656LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13.6M

+25.7% from 2023

Total participants

+14.3% from 2023

Average account balance

$1,935,775

+25.7% from 2023

Annual return

21.59%

-3.19 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.55M

Not enough data

1 years with asset history on file

Average account balance

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

$1.9M

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$446K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$56K

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

+21.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4497

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 codes2E2F2G2J3D

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.
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

$31K

$3935 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.232%

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

$1,935,775

$183,539+954.7%

$155,556+1144.4%

$145,897+1226.8%

Participation rate

87.5%

82.7%+4.8pp

78.2%+9.3pp

80.3%+7.2pp

Annual return

21.59%

61.31%-39.7pp

64.84%-43.2pp

552.29%-530.7pp

Employer contribution / active EE

$34,500

$5,315+549.1%

$4,675+637.9%

$4,663+639.9%

Participant deferral / active EE

$21,296

$6,467+229.3%

$5,631+278.2%

$6,689+218.4%

Admin fee / account holder

$4,497

$19,275-76.7%

$15,885-71.7%

$13,390-66.4%

GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLENDALE PATHOLOGY ASSOCIATES MEDICAL GROUP, INC. RETIREMENT 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