Retirement plan

SCOTT I. MORRISON, OPT, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Name: SCOTT I. MORRISON, OPT, P.C. - SCOTT I. MORRISON, OPT, P.C. 401(K) PROFIT SHARING PLAN AND TRUST (2021) Form 5500
Creator: SCOTT I. MORRISON, OPT, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT I. MORRISON, OPT, P.C. 401(K) PROFIT SHARING PLAN AND TRUST, SCOTT I. MORRISON, OPT, P.C.

SCOTT I. MORRISON, OPT, P.C.EIN 14-1753666Plan #001PY 2021

243 MAIN STREET - NEW PALTZ, NY 12561845-255-4696

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.7M

+16.9% from 2020

Total participants

+10.0% from 2020

Average account balance

$154,334

-4.3% from 2020

Annual return

12.71%

+0.57 pp from 2020

Benchmarks

See 103,217 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,217 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.84M

Not enough data

1 years with asset history on file

Average account balance

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

$263K

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

$30K

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

+10.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5678

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 codes2J2E

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$226 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.093%

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

$154,334

$217,392-29.0%

$185,818-16.9%

$167,497-7.9%

Participation rate

100.0%

86.0%+14.0pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

12.71%

148.37%-135.7pp

122.06%-109.4pp

478.62%-465.9pp

Employer contribution / active EE

$1,582

$5,873-73.1%

$5,168-69.4%

$4,838-67.3%

Participant deferral / active EE

$7,354

$6,357+15.7%

$5,568+32.1%

$6,341+16.0%

Admin fee / account holder

$144

$19,813-99.3%

$16,239-99.1%

$12,310-98.8%

SCOTT I. MORRISON, OPT, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCOTT I. MORRISON, OPT, P.C. 401(K) PROFIT SHARING PLAN AND 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