Retirement plan

THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC 401(K) PLAN AND TRUST

Name: THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC - THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC 401(K) PLAN AND TRUST (2017) Form 5500
Creator: THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC 401(K) PLAN AND TRUST, THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC

THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PCEIN 04-3064022Plan #001PY 2017

200 LITTLETON ROAD - WESTFORD, MA 018863534978-692-7563

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

+19.9% from 2016

Total participants

0.0% from 2016

Average account balance

$219,675

+19.9% from 2016

Annual return

11.96%

+8.23 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.30M

Not enough data

1 years with asset history on file

Average account balance

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

$300K

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.

131.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$250K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

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

$219,675

$198,457+10.7%

$170,435+28.9%

$147,586+48.8%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

11.96%

257.30%-245.3pp

205.94%-194.0pp

578.59%-566.6pp

Employer contribution / active EE

$7,402

$6,183+19.7%

$5,432+36.3%

$4,876+51.8%

Participant deferral / active EE

$8,114

$5,629+44.1%

$4,939+64.3%

$5,439+49.2%

Admin fee / account holder

$16,852-100.0%

$13,881-100.0%

$10,886-100.0%

THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THOMAS D. SCHOFIELD, DMD & STEPHEN R. MARTIN, DMD, PC 401(K) PLAN AND TRUST

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