Retirement plan

W.C. TRUESDALE, D.V.M., P.C. PROFIT SHARING PLAN

Name: W.C. TRUESDALE, D.V.M., P.C. - W.C. TRUESDALE, D.V.M., P.C. PROFIT SHARING PLAN (2023) Form 5500
Creator: W.C. TRUESDALE, D.V.M., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.C. TRUESDALE, D.V.M., P.C. PROFIT SHARING PLAN, W.C. TRUESDALE, D.V.M., P.C.

W.C. TRUESDALE, D.V.M., P.C.EIN 04-2633084Plan #002PY 2023

455 CENTRAL AVENUE - SEEKONK, MA 02771508-761-8525

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+12.6% from 2022

Total participants

+14.3% from 2022

Average account balance

$160,314

-1.5% from 2022

Annual return

8.43%

+22.24 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.08M

Not enough data

1 years with asset history on file

Average account balance

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

$237K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$162K

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

+8.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8222

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$58K

$4171 / participant

Other / not subdivided$58K100.0%

% of EOY assets

2.277%

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

$160,314

$148,623+7.9%

$135,974+17.9%

$139,466+14.9%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

8.43%

79.30%-70.9pp

68.30%-59.9pp

373.66%-365.2pp

Employer contribution / active EE

$10,981

$5,246+109.3%

$4,859+126.0%

$4,754+131.0%

Participant deferral / active EE

$8,103-100.0%

$7,760-100.0%

$6,712-100.0%

Admin fee / account holder

$3,650

$12,406-70.6%

$10,767-66.1%

$11,409-68.0%

W.C. TRUESDALE, D.V.M., P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.C. TRUESDALE, D.V.M., P.C. PROFIT SHARING 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