Retirement plan

SKIP TYSON, DDS & STEPHANIE HEANEY, DDS, PA 401(K)

Name: SKIP TYSON, DDS, & STEPHANIE HEANEY, DDS, PA 401(K) P - SKIP TYSON, DDS & STEPHANIE HEANEY, DDS, PA 401(K) (2018) Form 5500
Creator: SKIP TYSON, DDS, & STEPHANIE HEANEY, DDS, PA 401(K) P
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SKIP TYSON, DDS & STEPHANIE HEANEY, DDS, PA 401(K), SKIP TYSON, DDS, & STEPHANIE HEANEY, DDS, PA 401(K) P

SKIP TYSON, DDS, & STEPHANIE HEANEY, DDS, PA 401(K) PEIN 06-1641474Plan #001PY 2018

2606 IRON GATE DRIVE / STE. 200 - WILMINGTON, NC 28412910-791-7380LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

-1.9% from 2017

Total participants

+31.3% from 2017

Average account balance

$201,040

-15.9% from 2017

Annual return

-5.53%

-20.48 pp from 2017

Benchmarks

See 105,561 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,561 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.07M

Not enough data

1 years with asset history on file

Average account balance

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

$288K

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.

164.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$242K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+9.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$942

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 codes2J3D

Plan features

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.
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

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

$19K

$1193 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.452%

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

$201,040

$180,462+11.4%

$154,111+30.5%

$135,379+48.5%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

-5.53%

888.17%-893.7pp

735.18%-740.7pp

519.79%-525.3pp

Employer contribution / active EE

$6,071

$6,036+0.6%

$5,298+14.6%

$4,779+27.0%

Participant deferral / active EE

$4,962

$5,806-14.5%

$5,081-2.3%

$5,609-11.5%

Admin fee / account holder

$909

$16,145-94.4%

$13,411-93.2%

$10,828-91.6%

SKIP TYSON, DDS & STEPHANIE HEANEY, DDS, PA 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SKIP TYSON, DDS & STEPHANIE HEANEY, DDS, PA 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