Retirement plan

DANIEL N. SACKS, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Name: DANIEL N. SACKS, M.D., P.A. - DANIEL N. SACKS, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: DANIEL N. SACKS, M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANIEL N. SACKS, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST, DANIEL N. SACKS, M.D., P.A.

DANIEL N. SACKS, M.D., P.A.EIN 20-1558281Plan #002PY 2019

P.O. BOX 223052 - WEST PALM BEACH, FL 33422561-228-1330palmbeachwellingtonwomenscare.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$1.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$477K

+52.4% from 2018

Total participants

-20.0% from 2018

Average account balance

$119,229

+90.5% from 2018

Annual return

34.17%

+45.68 pp from 2018

Benchmarks

See 119,375 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,375 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$878K

Not enough data

1 years with asset history on file

Average account balance

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

$439K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$457

$114 / participant

Other / not subdivided$457100.0%

% of EOY assets

0.096%

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

$119,229

$157,270-24.2%

$141,173-15.5%

$152,870-22.0%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

82.4%+17.6pp

Annual return

34.17%

64.33%-30.2pp

71.40%-37.2pp

345.34%-311.2pp

Employer contribution / active EE

$4,900

$5,261-6.9%

$4,735+3.5%

$4,763+2.9%

Participant deferral / active EE

$9,500

$7,110+33.6%

$6,710+41.6%

$5,850+62.4%

Admin fee / account holder

$114

$12,121-99.1%

$10,262-98.9%

$11,597-99.0%

DANIEL N. SACKS, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANIEL N. SACKS, M.D., P.A. 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