Retirement plan

GIULIO G. DIAMANTE, MD, INC. ROTH SAFE-HARBOR 401-K PSP

Name: GIULIO G. DIAMANTE, MD, INC. - GIULIO G. DIAMANTE, MD, INC. ROTH SAFE-HARBOR 401-K PSP (2019) Form 5500
Creator: GIULIO G. DIAMANTE, MD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIULIO G. DIAMANTE, MD, INC. ROTH SAFE-HARBOR 401-K PSP, GIULIO G. DIAMANTE, MD, INC.

GIULIO G. DIAMANTE, MD, INC.EIN 05-0498699Plan #001PY 2019

1277 HARTFORD AVE - JOHNSTON, RI 029197121

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$787K

+7.6% from 2018

Total participants

+18.2% from 2018

Average account balance

$60,567

-9.0% from 2018

Annual return

3.43%

+1.68 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.41M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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

$122K

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

+6.20%

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 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

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

$48K

$3687 / participant

Other / not subdivided$48K100.0%

% of EOY assets

6.087%

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

$60,567

$202,342-70.1%

$172,753-64.9%

$152,909-60.4%

Participation rate

100.0%

87.1%+12.9pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

3.43%

1029.88%-1026.4pp

803.00%-799.6pp

345.46%-342.0pp

Employer contribution / active EE

$1,639

$5,857-72.0%

$5,144-68.1%

$4,764-65.6%

Participant deferral / active EE

$4,369

$5,948-26.6%

$5,198-15.9%

$5,851-25.3%

Admin fee / account holder

$3,687

$17,112-78.5%

$13,956-73.6%

$11,601-68.2%

GIULIO G. DIAMANTE, MD, INC. ROTH SAFE-HARBOR 401-K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIULIO G. DIAMANTE, MD, INC. ROTH SAFE-HARBOR 401-K PSP

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