Retirement plan

PORTNOY & TU, DDS, PC 401(K) PROFIT SHARING PLAN

Name: PORTNOY & TU, DDS, PC - PORTNOY & TU, DDS, PC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: PORTNOY & TU, DDS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORTNOY & TU, DDS, PC 401(K) PROFIT SHARING PLAN, PORTNOY & TU, DDS, PC

PORTNOY & TU, DDS, PCEIN 20-2074365Plan #001PY 2024

2476 JOLLY RD - OKEMOS, MI 488643557517-349-3266

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+19.1% from 2023

Total participants

0.0% from 2023

Average account balance

$152,843

+32.4% from 2023

Annual return

13.85%

-7.43 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.38M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.85%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

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

$152,843

$183,592-16.7%

$155,574-1.8%

$145,877+4.8%

Participation rate

90.0%

82.7%+7.3pp

78.2%+11.8pp

80.3%+9.7pp

Annual return

13.85%

61.37%-47.5pp

64.87%-51.0pp

551.28%-537.4pp

Employer contribution / active EE

$2,326

$5,317-56.3%

$4,676-50.3%

$4,663-50.1%

Participant deferral / active EE

$3,775

$6,466-41.6%

$5,629-32.9%

$6,691-43.6%

Admin fee / account holder

$19,316-100.0%

$15,914-100.0%

$13,402-100.0%

PORTNOY & TU, DDS, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PORTNOY & TU, DDS, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion