Retirement plan

MCGUIRE ENDODONTICS, P.A. 401(K) PROFIT SHARING PLAN

Name: MCGUIRE ENDODONTICS, P.A. - MCGUIRE ENDODONTICS, P.A. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: MCGUIRE ENDODONTICS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCGUIRE ENDODONTICS, P.A. 401(K) PROFIT SHARING PLAN, MCGUIRE ENDODONTICS, P.A.

MCGUIRE ENDODONTICS, P.A.EIN 20-3164035Plan #002PY 2023

6500 N. MOPAC EXPY, BLDG II-2207 - AUSTIN, TX 78731512-452-7663

Other plans on this EIN

1 filing

#003Retirement-$2.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$787K

+21.3% from 2022

Total participants

+12.5% from 2022

Average account balance

$87,409

+7.8% from 2022

Annual return

15.71%

+24.42 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$948K

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+9.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1643

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$13K

$4446 / participant

Other / not subdivided$13K100.0%

% of EOY assets

1.696%

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

$87,409

$175,259-50.1%

$149,723-41.6%

$139,487-37.3%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

15.71%

166.82%-151.1pp

134.50%-118.8pp

373.84%-358.1pp

Employer contribution / active EE

$4,434

$5,478-19.1%

$4,821-8.0%

$4,755-6.7%

Participant deferral / active EE

$10,382

$6,522+59.2%

$5,682+82.7%

$6,713+54.7%

Admin fee / account holder

$1,482

$16,158-90.8%

$13,215-88.8%

$11,407-87.0%

MCGUIRE ENDODONTICS, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCGUIRE ENDODONTICS, P.A. 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