Retirement plan

EMPLOYEE BENEFIT PLAN OF DR STEPHEN J PUERINI DMD DR STEVEN J SACCOCCIO DMD

Name: DR STEPHEN J PUERINI DMD DR S TEVEN J SACCOCCIO DMD PC - EMPLOYEE BENEFIT PLAN OF DR STEPHEN J PUERINI DMD DR STEVEN J SACCOCCIO DMD (2017) Form 5500
Creator: DR STEPHEN J PUERINI DMD DR S TEVEN J SACCOCCIO DMD PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF DR STEPHEN J PUERINI DMD DR STEVEN J SACCOCCIO DMD, DR STEPHEN J PUERINI DMD DR S TEVEN J SACCOCCIO DMD PC

DR STEPHEN J PUERINI DMD DR S TEVEN J SACCOCCIO DMD PCEIN 05-0516057Plan #003PY 2017

115 BUDLONG RD - CRANSTON, RI 029206429401-944-8100

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+18.6% from 2016

Total participants

+2.9% from 2016

Average account balance

$88,376

+15.3% from 2016

Annual return

17.79%

+9.09 pp from 2016

Benchmarks

See 5,958 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,958 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.06M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

115.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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 codes2F2S2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$141K

$5051 / participant

Other / not subdivided$141K100.0%

% of EOY assets

4.445%

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

$88,376

$67,411+31.1%

$91,004-2.9%

$70,126+26.0%

Participation rate

100.0%

71.4%+28.6pp

75.6%+24.4pp

69.5%+30.5pp

Annual return

17.79%

-40.16%+58.0pp

4.60%+13.2pp

73.15%-55.4pp

Employer contribution / active EE

$1,686

$1,786-5.6%

$2,456-31.3%

$2,343-28.0%

Participant deferral / active EE

$3,916

$2,823+38.7%

$3,548+10.4%

$3,332+17.5%

Admin fee / account holder

$3,928

$4,236-7.3%

$5,417-27.5%

$4,645-15.4%

EMPLOYEE BENEFIT PLAN OF DR STEPHEN J PUERINI DMD DR STEVEN J SACCOCCIO DMD

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF DR STEPHEN J PUERINI DMD DR STEVEN J SACCOCCIO DMD

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