Retirement plan

LANIER FAMILY & COSMETIC DENTISTRY, PC 401(K) PROFIT SHARING PLAN

Name: LANIER FAMILY & COSMETIC DENTISTRY, PC - LANIER FAMILY & COSMETIC DENTISTRY, PC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: LANIER FAMILY & COSMETIC DENTISTRY, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANIER FAMILY & COSMETIC DENTISTRY, PC 401(K) PROFIT SHARING PLAN, LANIER FAMILY & COSMETIC DENTISTRY, PC

LANIER FAMILY & COSMETIC DENTISTRY, PCEIN 26-2962662Plan #001PY 2018

5328 LANIER ISLANDS PARKWAY, SUITE 200 - BUFORD, GA 30518678-714-9199LinkedIn1-10 employeesmedical practice

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$325K

+6.3% from 2017

Total participants

+37.5% from 2017

Average account balance

$54,098

+6.3% from 2017

Annual return

-6.86%

-27.57 pp from 2017

Benchmarks

See 105,563 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,563 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.44M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+19.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$574

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 codes2E2F2J2T3D3H

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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$54,098

$180,466-70.0%

$154,114-64.9%

$135,382-60.0%

Participation rate

54.5%

87.4%-32.9pp

83.0%-28.5pp

82.6%-28.1pp

Annual return

-6.86%

888.15%-895.0pp

735.16%-742.0pp

519.77%-526.6pp

Employer contribution / active EE

$1,106

$6,035-81.7%

$5,298-79.1%

$4,779-76.9%

Participant deferral / active EE

$2,542

$5,806-56.2%

$5,081-50.0%

$5,609-54.7%

Admin fee / account holder

$16,144-100.0%

$13,411-100.0%

$10,829-100.0%

LANIER FAMILY & COSMETIC DENTISTRY, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LANIER FAMILY & COSMETIC DENTISTRY, PC 401(K) PROFIT SHARING 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