Retirement plan

RAVENS FAMILY DENTAL P C 401(K) PROFIT SHARING PLAN & TRUST

Name: RAVENS FAMILY DENTAL P C - RAVENS FAMILY DENTAL P C 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: RAVENS FAMILY DENTAL P C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAVENS FAMILY DENTAL P C 401(K) PROFIT SHARING PLAN & TRUST, RAVENS FAMILY DENTAL P C

RAVENS FAMILY DENTAL P CEIN 13-4229410Plan #001PY 2020

198 ASH ST - READING, MA 018673623781-944-0464ravensfamilydental.comLinkedIn11-50 employeeshospital & health care

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

+19.0% from 2019

Total participants

+5.6% from 2019

Average account balance

$163,581

+19.0% from 2019

Annual return

12.57%

-13.30 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.25M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1293

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 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

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

$4K

$264 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.153%

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

$163,581

$209,428-21.9%

$178,498-8.4%

$158,950+2.9%

Participation rate

94.1%

86.4%+7.8pp

81.9%+12.2pp

82.0%+12.2pp

Annual return

12.57%

188.78%-176.2pp

151.09%-138.5pp

302.91%-290.3pp

Employer contribution / active EE

$2,065

$5,707-63.8%

$5,011-58.8%

$4,762-56.6%

Participant deferral / active EE

$7,225

$5,955+21.3%

$5,202+38.9%

$5,983+20.8%

Admin fee / account holder

$250

$17,077-98.5%

$13,985-98.2%

$11,248-97.8%

RAVENS FAMILY DENTAL P C 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAVENS FAMILY DENTAL P C 401(K) PROFIT SHARING PLAN & TRUST

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