Retirement plan

GRAND OAKS DENTAL CARE 401(K) PLAN

Name: SIMON AMIR DMD, PA DBA GRAND OAKS DENTAL CARE - GRAND OAKS DENTAL CARE 401(K) PLAN (2024) Form 5500
Creator: SIMON AMIR DMD, PA DBA GRAND OAKS DENTAL CARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRAND OAKS DENTAL CARE 401(K) PLAN, SIMON AMIR DMD, PA DBA GRAND OAKS DENTAL CARE

SIMON AMIR DMD, PA DBA GRAND OAKS DENTAL CAREEIN 20-3179107Plan #001PY 2024

2575 SW 42ND ST, UNIT 104 - OCALA, FL 344711356352-877-4926

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$872K

+56.4% from 2023

Total participants

+26.2% from 2023

Average account balance

$41,540

+26.6% from 2023

Annual return

19.76%

-49.74 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$872K

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

42.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+19.76%

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 codes2E2F2G2J2T3D

Plan features

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$41,540

$81,233-48.9%

$155,567-73.3%

$80,874-48.6%

Participation rate

36.0%

66.2%-30.2pp

78.2%-42.2pp

67.6%-31.6pp

Annual return

19.76%

33.33%-13.6pp

64.74%-45.0pp

35.62%-15.9pp

Employer contribution / active EE

$1,206

$3,101-61.1%

$4,674-74.2%

$2,756-56.2%

Participant deferral / active EE

$2,880

$3,452-16.6%

$5,628-48.8%

$4,297-33.0%

Admin fee / account holder

$7,998-100.0%

$15,916-100.0%

$6,935-100.0%

GRAND OAKS DENTAL CARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GRAND OAKS DENTAL CARE 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