Retirement plan

ANDREW C. SHENG, D.M.D., INC. 401K PROFIT SHARING PLAN

Name: ANDREW C. SHENG, D.M.D., INC. - ANDREW C. SHENG, D.M.D., INC. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: ANDREW C. SHENG, D.M.D., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDREW C. SHENG, D.M.D., INC. 401K PROFIT SHARING PLAN, ANDREW C. SHENG, D.M.D., INC.

ANDREW C. SHENG, D.M.D., INC.EIN 26-3175447Plan #001PY 2017

511 EAST FIRST STREET, SUITE C - TUSTIN, CA 92780310-547-4413andrewshengdental.comLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$908K

+21.5% from 2016

Total participants

-5.9% from 2016

Average account balance

$56,735

+29.1% from 2016

Annual return

13.52%

+7.58 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$36K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.17%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$16K

$1001 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.764%

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

$56,735

$198,457-71.4%

$170,435-66.7%

$147,586-61.6%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

13.52%

257.30%-243.8pp

205.94%-192.4pp

578.59%-565.1pp

Employer contribution / active EE

$1,195

$6,183-80.7%

$5,432-78.0%

$4,876-75.5%

Participant deferral / active EE

$3,519

$5,629-37.5%

$4,939-28.8%

$5,439-35.3%

Admin fee / account holder

$1,001

$16,852-94.1%

$13,881-92.8%

$10,886-90.8%

ANDREW C. SHENG, D.M.D., INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDREW C. SHENG, D.M.D., INC. 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