Retirement plan

DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN

Name: DAYTON PHYSICIANS, LLC - DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN (2024) Form 5500
Creator: DAYTON PHYSICIANS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN, DAYTON PHYSICIANS, LLC

DAYTON PHYSICIANS, LLCEIN 20-3130844Plan #001PY 2024

6680 POE AVENUE, SUITE 200 - DAYTON, OH 45414937-280-8400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$59.2M

+14.1% from 2023

Total participants

490

-15.5% from 2023

Average account balance

$120,918

+35.0% from 2023

Annual return

12.57%

-3.47 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$59.25M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

490

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.84M

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

+12.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$288

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE BANK OF NEW YORK MELLON4 years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085	Advisory (Plan)	$56,019
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$46,640
MY BENEFITS, LLC4 years Service code 15 · EIN 45-2098380	Recordkeeping	$13,579
ESLER & VANDERSCHAAFF CO., L.P.A3 years Filed as: ESLER & VANDERSCHAAFF CO LPA Service code 29 · EIN 31-1399107	Legal	$5,516

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$141K

$445 / participant

Investment mgmt$141K100.0%

% of EOY assets

0.238%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: GMUNNINGHOFF, LANGE & COMPANY
Auditor EIN: 311070008
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,918

$50,815+138.0%

$155,509-22.2%

$77,643+55.7%

Participation rate

100.0%

63.1%+36.9pp

78.2%+21.8pp

70.6%+29.4pp

Annual return

12.57%

34.80%-22.2pp

64.67%-52.1pp

31.24%-18.7pp

Employer contribution / active EE

$6,191

$1,993+210.7%

$4,672+32.5%

$2,726+127.1%

Participant deferral / active EE

$5,915

$2,822+109.6%

$5,626+5.1%

$4,647+27.3%

Admin fee / account holder

$288

$437-34.1%

$15,912-98.2%

$430-33.2%

Provider

Service type

Compensation

THE BANK OF NEW YORK MELLON4 years

Filed as: BANK OF AMERICA NA

Service code 27 · EIN 13-5674085

Advisory (Plan)

$56,019

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$46,640

MY BENEFITS, LLC4 years

Service code 15 · EIN 45-2098380

Recordkeeping

$13,579

ESLER & VANDERSCHAAFF CO., L.P.A3 years

Filed as: ESLER & VANDERSCHAAFF CO LPA

Service code 29 · EIN 31-1399107

Legal

$5,516

DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) 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