Retirement plan

DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN

Name: DAVIS COSMETIC PLASTIC SURGERY CTR. - DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN (2021) Form 5500
Creator: DAVIS COSMETIC PLASTIC SURGERY CTR.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN, DAVIS COSMETIC PLASTIC SURGERY CTR.

DAVIS COSMETIC PLASTIC SURGERY CTR.EIN 20-1196162Plan #001PY 2021

1916 ROUTE 70 EAST, SUITE 1 - CHERRY HILL, NJ 08003856-424-1700daviscps.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$967K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+19.5% from 2020

Total participants

-13.3% from 2020

Average account balance

$212,955

+28.7% from 2020

Annual return

14.33%

-1.57 pp from 2020

Benchmarks

See 103,184 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,184 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.03M

Not enough data

1 years with asset history on file

Average account balance

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

$310K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+12.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3532

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 codes2E2F2G2J3D

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.
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

$28K

$5671 / participant

Other / not subdivided$28K100.0%

% of EOY assets

1.024%

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

$212,955

$217,432-2.1%

$185,849+14.6%

$167,536+27.1%

Participation rate

100.0%

86.1%+13.9pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

14.33%

148.42%-134.1pp

122.10%-107.8pp

478.82%-464.5pp

Employer contribution / active EE

$9,653

$5,875+64.3%

$5,169+86.8%

$4,839+99.5%

Participant deferral / active EE

$14,312

$6,357+125.1%

$5,569+157.0%

$6,342+125.7%

Admin fee / account holder

$2,181

$19,818-89.0%

$16,244-86.6%

$12,315-82.3%

DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) 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