Retirement plan

PAUL D. KAPLAN, D.M.D., P.A. 401(K) PLAN

Name: PAUL D. KAPLAN, D.M.D., P.A. - PAUL D. KAPLAN, D.M.D., P.A. 401(K) PLAN (2024) Form 5500
Creator: PAUL D. KAPLAN, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAUL D. KAPLAN, D.M.D., P.A. 401(K) PLAN, PAUL D. KAPLAN, D.M.D., P.A.

PAUL D. KAPLAN, D.M.D., P.A.EIN 22-1930347Plan #001PY 2024

216 FINDERNE AVE. - BRIDGEWATER, NJ 08807908-722-6116

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+14.4% from 2023

Total participants

+2.1% from 2023

Average account balance

$139,272

+30.8% from 2023

Annual return

12.59%

-3.66 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.85M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

110.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3641

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 codes2E2F2H2J2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

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

$153K

$4025 / participant

Other / not subdivided$153K100.0%

% of EOY assets

2.615%

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

$139,272

$81,358+71.2%

$155,556-10.5%

$80,959+72.0%

Participation rate

81.6%

66.3%+15.3pp

78.2%+3.4pp

67.7%+13.9pp

Annual return

12.59%

33.39%-20.8pp

64.84%-52.2pp

35.67%-23.1pp

Employer contribution / active EE

$526

$3,106-83.1%

$4,675-88.7%

$2,757-80.9%

Participant deferral / active EE

$3,654

$3,455+5.7%

$5,631-35.1%

$4,300-15.0%

Admin fee / account holder

$3,641

$7,994-54.4%

$15,885-77.1%

$6,925-47.4%

PAUL D. KAPLAN, D.M.D., P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAUL D. KAPLAN, D.M.D., P.A. 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