Saratoga-Schenectady Gastroenterology Assocs. P.C. Retirement Plan — Form 5500 plan (Saratoga-Schenectady Gastroenterology Assocs Pc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Saratoga-Schenectady Gastroenterology Assocs. P.C. Retirement Plan is a benefit plan reported by Saratoga-Schenectady Gastroenterology Assocs Pc under EIN 14-1556189 and plan number 002. The latest loaded filing year is 2023. The filing reports 181 participants and $28,450,969 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$28.5MPlan net assets, end of year$28,450,969
Participants181Covered participants reported
Assets / participant$157.2KComputed: assets ÷ participants$157,188 (computed)
Provider compensation$103.8K3 Schedule C provider row(s)$103,850
Plan sponsor
Saratoga-Schenectady Gastroenterology Assocs Pc
EIN
14-1556189
Plan number
002
Plan type
2
Location
Burnt Hills, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023181H, C20241015180445NAL0017015219003
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$28.5M total assets
Net assets$28.5MLiabilities
Money in vs. money out
Total income / additions$6.2M
Total expenses$729.1K
Benefits paid / distributions$620.5K
Contributions
Employer$930.8K
Participant$879.1K
Full reported line items

Net assets

Total assets (EOY)
$28,450,969
Net assets (EOY)
$28,450,969
Net assets (BOY)
$22,985,018

Income & contributions

Employer contributions
$930,783
Participant contributions
$879,078
Total contributions
$2,257,657
Total income / additions
$6,195,076

Expenses & distributions

Benefits paid
$620,472
Administrative expenses
$107,867
Total expenses
$729,125
Net increase / (decrease)
$5,465,951
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 51%Participant 49%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial Services Inc.ADVISOR$59,434$02023
Newport Group, Inc.RECORDKEEPER$34,761$02023
Mengel, Metzger, Barr & Co., LlpAUDITOR$9,655not reported in the loaded dataset2023

Related Form 5500 pages