Retirement plan

EDWARD J. CHERMOL, III, D.M.D., P.C. PROFIT SHARING PLAN

Name: EDWARD J. CHERMOL, III, D.M.D., P.C . - EDWARD J. CHERMOL, III, D.M.D., P.C. PROFIT SHARING PLAN (2015) Form 5500
Creator: EDWARD J. CHERMOL, III, D.M.D., P.C .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDWARD J. CHERMOL, III, D.M.D., P.C. PROFIT SHARING PLAN, EDWARD J. CHERMOL, III, D.M.D., P.C .

EDWARD J. CHERMOL, III, D.M.D., P.C .EIN 20-0501893Plan #001PY 2015

3501 WEST CHESTER PIKE, SUITE 102 - NEWTOWN SQUARE, PA 190733707610-353-0500

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$305K

No prior year

Total participants

No prior year

Average account balance

$152,359

No prior year

Annual return

-1.70%

No prior year

Benchmarks

See 102,328 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,328 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$695K

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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

$28K

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

+18.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1522

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 codes2E2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$3K

$1428 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.937%

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

$152,359

$168,635-9.7%

$147,617+3.2%

$125,389+21.5%

Participation rate

100.0%

88.8%+11.2pp

84.6%+15.4pp

83.2%+16.8pp

Annual return

-1.70%

77.65%-79.4pp

61.98%-63.7pp

282.24%-283.9pp

Employer contribution / active EE

$3,123

$6,252-50.0%

$5,564-43.9%

$4,866-35.8%

Participant deferral / active EE

$3,250

$5,507-41.0%

$4,895-33.6%

$5,352-39.3%

Admin fee / account holder

$1,428

$13,580-89.5%

$11,612-87.7%

$9,541-85.0%

EDWARD J. CHERMOL, III, D.M.D., P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDWARD J. CHERMOL, III, D.M.D., P.C. 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