Retirement plan

FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. 401(K) PROFIT SHARING PLAN

Name: FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. - FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. 401(K) PROFIT SHARING PLAN, FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C.

FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C.EIN 20-1808830Plan #001PY 2022

522 EAST STATE ROAD 32 - WESTFIELD, IN 46074317-867-5511firstimpressionsdental.comLinkedIn1-10 employeesmedical practice

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$182K

+45.8% from 2021

Total participants

+50.0% from 2021

Average account balance

$16,522

+6.0% from 2021

Annual return

-21.06%

-42.23 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$465K

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$476

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 codes2E2J2R3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$220

$28 / participant

Other / not subdivided$220100.0%

% of EOY assets

0.121%

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

$16,522

$167,362-90.1%

$143,799-88.5%

$134,532-87.7%

Participation rate

87.5%

84.8%+2.7pp

80.3%+7.2pp

81.2%+6.3pp

Annual return

-21.06%

0.47%-21.5pp

-0.04%-21.0pp

418.27%-439.3pp

Employer contribution / active EE

$1,625

$5,620-71.1%

$4,952-67.2%

$4,741-65.7%

Participant deferral / active EE

$8,792

$6,447+36.4%

$5,638+55.9%

$6,401+37.3%

Admin fee / account holder

$20

$18,094-99.9%

$14,677-99.9%

$11,429-99.8%

FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST IMPRESSIONS FAMILY DENTAL CARE, P.C. 401(K) 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