Retirement plan

DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN

Name: DAVIS COSMETIC PLASTIC SURGERY CTR. - DAVIS COSMETIC PLASTIC SURGERY CTR. 401(K) PLAN (2022) 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 2022

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

Other plans on this EIN

1 filing

#002Retirement-$1.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

-14.3% from 2021

Total participants

+23.1% from 2021

Average account balance

$169,455

-20.4% from 2021

Annual return

-18.15%

-32.49 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

$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

$49K

$6147 / participant

Other / not subdivided$49K100.0%

% of EOY assets

2.073%

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

$169,455

$167,352+1.3%

$143,788+17.9%

$134,509+26.0%

Participation rate

75.0%

84.8%-9.8pp

80.3%-5.3pp

81.2%-6.2pp

Annual return

-18.15%

0.47%-18.6pp

-0.03%-18.1pp

418.13%-436.3pp

Employer contribution / active EE

$7,380

$5,620+31.3%

$4,952+49.0%

$4,741+55.7%

Participant deferral / active EE

$8,793

$6,447+36.4%

$5,638+56.0%

$6,400+37.4%

Admin fee / account holder

$3,512

$18,091-80.6%

$14,675-76.1%

$11,427-69.3%

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