Retirement plan

DISCOVER SMILES PEDIATRIC DENTISTRY PLLC 401K PROFIT SHARING PLAN

Name: NEERRAJAH RAMASWAMI, BDS, MS, MPH, PLLC - DISCOVER SMILES PEDIATRIC DENTISTRY PLLC 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: NEERRAJAH RAMASWAMI, BDS, MS, MPH, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISCOVER SMILES PEDIATRIC DENTISTRY PLLC 401K PROFIT SHARING PLAN, NEERRAJAH RAMASWAMI, BDS, MS, MPH, PLLC

NEERRAJAH RAMASWAMI, BDS, MS, MPH, PLLCEIN 26-2847224Plan #001PY 2024

2277 SCIENCE PARKWAY, #2 - OKEMOS, MI 48864517-574-4688

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+17.6% from 2023

Total participants

+10.5% from 2023

Average account balance

$65,605

+11.8% from 2023

Annual return

10.57%

-5.71 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1385

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 codes2E2J2F2G3D

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.
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

$28K

$3463 / participant

Other / not subdivided$28K100.0%

% of EOY assets

2.111%

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

$65,605

$183,516-64.3%

$155,534-57.8%

$145,884-55.0%

Participation rate

87.5%

82.7%+4.8pp

78.2%+9.3pp

80.3%+7.2pp

Annual return

10.57%

61.43%-50.9pp

64.92%-54.3pp

551.85%-541.3pp

Employer contribution / active EE

$8,512

$5,315+60.2%

$4,675+82.1%

$4,662+82.6%

Participant deferral / active EE

$4,747

$6,467-26.6%

$5,630-15.7%

$6,690-29.0%

Admin fee / account holder

$1,385

$19,293-92.8%

$15,900-91.3%

$13,392-89.7%

DISCOVER SMILES PEDIATRIC DENTISTRY PLLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISCOVER SMILES PEDIATRIC DENTISTRY PLLC 401K 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