Retirement plan

FAISAL A. QUERESHY, M.D., D.D.S., INC. 401(K)

Name: FAISAL A. QUERESHY, MD, DDS, INC. - FAISAL A. QUERESHY, M.D., D.D.S., INC. 401(K) (2016) Form 5500
Creator: FAISAL A. QUERESHY, MD, DDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAISAL A. QUERESHY, M.D., D.D.S., INC. 401(K), FAISAL A. QUERESHY, MD, DDS, INC.

FAISAL A. QUERESHY, MD, DDS, INC.EIN 03-0383504Plan #001PY 2016

3591 RESERVE COMMONS DR. - MEDINA, OH 44256330-721-2323

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$884K

+18.7% from 2015

Total participants

+27.3% from 2015

Average account balance

$63,127

-6.7% from 2015

Annual return

12.02%

+12.50 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.51M

Not enough data

1 years with asset history on file

Average account balance

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

$209K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+7.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$8K

$572 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.906%

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

$63,127

$181,896-65.3%

$156,551-59.7%

$273,972-77.0%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

12.02%

30.74%-18.7pp

32.23%-20.2pp

41.46%-29.4pp

Employer contribution / active EE

$1,261

$6,248-79.8%

$5,501-77.1%

$4,869-74.1%

Participant deferral / active EE

$2,884

$5,550-48.0%

$4,871-40.8%

$5,287-45.5%

Admin fee / account holder

$572

$15,560-96.3%

$13,028-95.6%

$10,133-94.4%

FAISAL A. QUERESHY, M.D., D.D.S., INC. 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAISAL A. QUERESHY, M.D., D.D.S., INC. 401(K)

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