Retirement plan

ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. 401 (K) PLAN

Name: ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. - ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. 401 (K) PLAN (2020) Form 5500
Creator: ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. 401 (K) PLAN, ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C.

ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C.EIN 22-3871999Plan #001PY 2020

9612 VEIRS DRIVE - ROCKVILLE, MD 20850301-871-5125drziaahmed.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+14.9% from 2019

Total participants

0.0% from 2019

Average account balance

$213,938

+14.9% from 2019

Annual return

10.81%

-14.49 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.43M

Not enough data

1 years with asset history on file

Average account balance

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

$347K

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.

28.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$82K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+6.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2295

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$12K

$1386 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.648%

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

$213,938

$209,428+2.2%

$178,498+19.9%

$158,950+34.6%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

10.81%

188.78%-178.0pp

151.09%-140.3pp

302.91%-292.1pp

Employer contribution / active EE

$2,977

$5,707-47.8%

$5,011-40.6%

$4,762-37.5%

Participant deferral / active EE

$4,682

$5,955-21.4%

$5,202-10.0%

$5,983-21.7%

Admin fee / account holder

$1,386

$17,077-91.9%

$13,985-90.1%

$11,248-87.7%

ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASPEN HILL IMPLANT & FAMILY DENTISTRY, P.C. 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