Retirement plan

ADVANCED DERMATOLOGY CENTER, P.C. 401(K) PROFIT SHARING PLAN

Name: ADVANCED DERMATOLOGY CENTER, P.C. - ADVANCED DERMATOLOGY CENTER, P.C. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: ADVANCED DERMATOLOGY CENTER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED DERMATOLOGY CENTER, P.C. 401(K) PROFIT SHARING PLAN, ADVANCED DERMATOLOGY CENTER, P.C.

ADVANCED DERMATOLOGY CENTER, P.C.EIN 11-3666656Plan #001PY 2017

464 WOLCOTT ROAD - WOLCOTT, CT 06716203-879-6171advanceddermatologyctr.comLinkedIn1-10 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#002Retirement-$297K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+17.2% from 2016

Total participants

+27.3% from 2016

Average account balance

$181,384

-0.8% from 2016

Annual return

23.54%

+20.93 pp from 2016

Benchmarks

See 106,910 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,910 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2377

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
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.
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

$293K

$24417 / participant

Other / not subdivided$293K100.0%

% of EOY assets

12.426%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$181,384

$198,466-8.6%

$170,442+6.4%

$147,584+22.9%

Participation rate

91.7%

88.0%+3.7pp

83.6%+8.1pp

82.8%+8.8pp

Annual return

23.54%

257.29%-233.8pp

205.93%-182.4pp

578.55%-555.0pp

Employer contribution / active EE

$4,952

$6,184-19.9%

$5,433-8.8%

$4,876+1.6%

Participant deferral / active EE

$7,624

$5,629+35.4%

$4,939+54.3%

$5,439+40.2%

Admin fee / account holder

$22,539

$16,852+33.7%

$13,880+62.4%

$10,885+107.1%

ADVANCED DERMATOLOGY CENTER, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED DERMATOLOGY CENTER, P.C. 401(K) 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