Retirement plan

KIMBERLY L. GRAGG, DDS, MS, PLLC PROFIT SHARING PLAN

Name: KIMBERLY L. GRAGG, DDS, MS, PLLC - KIMBERLY L. GRAGG, DDS, MS, PLLC PROFIT SHARING PLAN (2016) Form 5500
Creator: KIMBERLY L. GRAGG, DDS, MS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIMBERLY L. GRAGG, DDS, MS, PLLC PROFIT SHARING PLAN, KIMBERLY L. GRAGG, DDS, MS, PLLC

KIMBERLY L. GRAGG, DDS, MS, PLLCEIN 20-2349381Plan #001PY 2016

303 S GREEN ST STE 201 - MORGANTON, NC 286553526828-438-8998

Other plans on this EIN

1 filing

#002Retirement-$488K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+19.8% from 2015

Total participants

+7.1% from 2015

Average account balance

$101,653

+11.8% from 2015

Annual return

11.80%

+14.32 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.46M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+20.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2620

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$299 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.294%

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

$101,653

$181,896-44.1%

$156,551-35.1%

$273,972-62.9%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

11.80%

30.74%-18.9pp

32.23%-20.4pp

41.46%-29.7pp

Employer contribution / active EE

$3,907

$6,248-37.5%

$5,501-29.0%

$4,869-19.7%

Participant deferral / active EE

$3,173

$5,550-42.8%

$4,871-34.9%

$5,287-40.0%

Admin fee / account holder

$299

$15,560-98.1%

$13,028-97.7%

$10,133-97.0%

KIMBERLY L. GRAGG, DDS, MS, PLLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIMBERLY L. GRAGG, DDS, MS, PLLC 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