Retirement plan

DEMASI DIGESTIVE HEALTH, P.A. 401(K) PLAN

Name: DEMASI DIGESTIVE HEALTH, P.A. - DEMASI DIGESTIVE HEALTH, P.A. 401(K) PLAN (2020) Form 5500
Creator: DEMASI DIGESTIVE HEALTH, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEMASI DIGESTIVE HEALTH, P.A. 401(K) PLAN, DEMASI DIGESTIVE HEALTH, P.A.

DEMASI DIGESTIVE HEALTH, P.A.EIN 26-3959121Plan #003PY 2020

1370 E VENICE AVE, SUITE 210 - VENICE, FL 342859082941-584-6272demasidigestivehealth.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+26.7% from 2019

Total participants

+14.3% from 2019

Average account balance

$180,313

+26.7% from 2019

Annual return

19.07%

-7.34 pp from 2019

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.57M

Not enough data

1 years with asset history on file

Average account balance

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

$257K

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.

142.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$145K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+16.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2346

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 codes2E2G2H2J

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.
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

$15K

$2432 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.156%

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

$180,313

$209,425-13.9%

$178,499+1.0%

$158,966+13.4%

Participation rate

83.3%

86.4%-3.0pp

81.9%+1.4pp

82.0%+1.4pp

Annual return

19.07%

188.80%-169.7pp

151.10%-132.0pp

302.95%-283.9pp

Employer contribution / active EE

$3,006

$5,707-47.3%

$5,011-40.0%

$4,762-36.9%

Participant deferral / active EE

$9,681

$5,955+62.6%

$5,202+86.1%

$5,983+61.8%

Admin fee / account holder

$2,084

$17,078-87.8%

$13,986-85.1%

$11,250-81.5%

DEMASI DIGESTIVE HEALTH, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEMASI DIGESTIVE HEALTH, 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