Retirement plan

FAMILY 1ST DENTAL 401(K) PLAN

Name: FAMILY FIRST DENTAL ASSOCIATES OF NEBRASKA, P.C. - FAMILY 1ST DENTAL 401(K) PLAN (2020) Form 5500
Creator: FAMILY FIRST DENTAL ASSOCIATES OF NEBRASKA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY 1ST DENTAL 401(K) PLAN, FAMILY FIRST DENTAL ASSOCIATES OF NEBRASKA, P.C.

FAMILY FIRST DENTAL ASSOCIATES OF NEBRASKA, P.C.EIN 20-2667303Plan #001PY 2020

504 W. PROSPECT AVENUE - NORFOLK, NE 68701402-644-3177LinkedIn1-10 employeesmedical practice

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$5M

+0.5% from 2019

Total participants

169

-10.6% from 2019

Average account balance

$36,888

+8.7% from 2019

Annual return

11.31%

-11.12 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.65M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

126

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.

68.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$801K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+23.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$440

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK4 years Service code 27 29 SAWYER ROAD ONE UNIVERSITY PARK · WALTHAM, MA 024533423	Advisory (Plan)	$39,747
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$13,599
BENEFIT PLANS ADMIN SERVICES, INC.4 years Filed as: BENEFIT PLANS, INC. Service code 15 16924 FRANCES STREET, SUITE 100 · OMAHA, NE 68130	Recordkeeping	$12,309

Plan features & details

Pension benefit codes2E2G2J2K3D3H2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BERGER ELLIOTT & PRITCHARD CPA'S LL
Auditor EIN: 832666987
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,888

$58,888-37.4%

$178,498-79.3%

$73,493-49.8%

Participation rate

78.6%

66.2%+12.4pp

81.9%-3.3pp

70.7%+7.9pp

Annual return

11.31%

24.86%-13.6pp

151.09%-139.8pp

28.51%-17.2pp

Employer contribution / active EE

$258

$2,236-88.5%

$5,011-94.9%

$2,270-88.6%

Participant deferral / active EE

$3,983

$2,568+55.1%

$5,202-23.4%

$3,740+6.5%

Admin fee / account holder

$400-100.0%

$13,985-100.0%

$513-100.0%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK4 years

Service code 27

29 SAWYER ROAD ONE UNIVERSITY PARK · WALTHAM, MA 024533423

Advisory (Plan)

$39,747

NATIONWIDE6+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$13,599

BENEFIT PLANS ADMIN SERVICES, INC.4 years

Filed as: BENEFIT PLANS, INC.

Service code 15

16924 FRANCES STREET, SUITE 100 · OMAHA, NE 68130

Recordkeeping

$12,309

FAMILY 1ST DENTAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FAMILY 1ST DENTAL 401(K) 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