Retirement plan

JOSH L SIMPSON DMD PLLC 41 (K) PROFIT SHARING PLAN

Name: JOSH L. SIMPSON DMD PLLC - JOSH L SIMPSON DMD PLLC 41 (K) PROFIT SHARING PLAN (2020) Form 5500
Creator: JOSH L. SIMPSON DMD PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOSH L SIMPSON DMD PLLC 41 (K) PROFIT SHARING PLAN, JOSH L. SIMPSON DMD PLLC

JOSH L. SIMPSON DMD PLLCEIN 01-0883510Plan #001PY 2020

P O BOX 990 - MCCOMB, MS 396490990601-684-2351

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$293K

+72.8% from 2019

Total participants

0.0% from 2019

Average account balance

$32,552

+53.6% from 2019

Annual return

28.35%

+1.77 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$660K

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$83K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$32,552

$209,422-84.5%

$178,503-81.8%

$158,982-79.5%

Participation rate

77.8%

86.4%-8.6pp

81.9%-4.2pp

82.0%-4.2pp

Annual return

28.35%

188.81%-160.5pp

151.12%-122.8pp

302.99%-274.6pp

Employer contribution / active EE

$3,549

$5,707-37.8%

$5,011-29.2%

$4,763-25.5%

Participant deferral / active EE

$4,832

$5,955-18.9%

$5,202-7.1%

$5,983-19.3%

Admin fee / account holder

$17,079-100.0%

$13,987-100.0%

$11,252-100.0%

JOSH L SIMPSON DMD PLLC 41 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

JOSH L SIMPSON DMD PLLC 41 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion