Retirement plan

WISCONSIN INSTITUTE OF PLASTIC SURGERY SC 401K PLAN

Name: WISCONSIN INSTITUTE OF PLASTIC SURGERY SC - WISCONSIN INSTITUTE OF PLASTIC SURGERY SC 401K PLAN (2022) Form 5500
Creator: WISCONSIN INSTITUTE OF PLASTIC SURGERY SC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN INSTITUTE OF PLASTIC SURGERY SC 401K PLAN, WISCONSIN INSTITUTE OF PLASTIC SURGERY SC

WISCONSIN INSTITUTE OF PLASTIC SURGERY SCEIN 16-1633405Plan #001PY 2022

2200 DICKINSON RD UNIT 17B - DE PERE, WI 54115920-965-1234wisconsinplasticsurgery.comLinkedIn1-10 employees

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$261K

-91.8% from 2021

Total participants

-6.3% from 2021

Average account balance

$20,041

-89.9% from 2021

Annual return

-19.58%

-33.98 pp from 2021

Benchmarks

See 105,966 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,966 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$835K

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

70.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+20.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1149

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$2.4M

$183741 / participant

Other / not subdivided$2M100.0%

% of EOY assets

916.805%

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

$20,041

$167,352-88.0%

$143,788-86.1%

$134,509-85.1%

Participation rate

84.6%

84.8%-0.2pp

80.3%+4.3pp

81.2%+3.4pp

Annual return

-19.58%

0.47%-20.1pp

-0.03%-19.6pp

418.13%-437.7pp

Employer contribution / active EE

$1,009

$5,620-82.0%

$4,952-79.6%

$4,741-78.7%

Participant deferral / active EE

$4,502

$6,447-30.2%

$5,638-20.1%

$6,400-29.7%

Admin fee / account holder

$183,741

$18,091+915.6%

$14,675+1152.1%

$11,427+1508.0%

WISCONSIN INSTITUTE OF PLASTIC SURGERY SC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN INSTITUTE OF PLASTIC SURGERY SC 401K 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