Retirement plan

RYAN H. BAILEY, DDS 401(K) PROFIT SHARING PLAN

Name: RYAN H. BAILEY, DDS, PLLC - RYAN H. BAILEY, DDS 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: RYAN H. BAILEY, DDS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RYAN H. BAILEY, DDS 401(K) PROFIT SHARING PLAN, RYAN H. BAILEY, DDS, PLLC

RYAN H. BAILEY, DDS, PLLCEIN 27-0103632Plan #001PY 2022

230 NORTH CEDAR HILLS DRIVE - PRICE, UT 84501435-637-3186

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$351K

-2.8% from 2021

Total participants

-12.5% from 2021

Average account balance

$70,268

-2.8% from 2021

Annual return

-16.95%

-30.44 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$559K

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+7.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$464

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 codes2E2F2G2J3D

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$70,268

$167,362-58.0%

$143,799-51.1%

$134,532-47.8%

Participation rate

71.4%

84.8%-13.4pp

80.3%-8.9pp

81.2%-9.8pp

Annual return

-16.95%

0.47%-17.4pp

-0.04%-16.9pp

418.27%-435.2pp

Employer contribution / active EE

$1,256

$5,620-77.7%

$4,952-74.6%

$4,741-73.5%

Participant deferral / active EE

$6,039

$6,447-6.3%

$5,638+7.1%

$6,401-5.7%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

RYAN H. BAILEY, DDS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RYAN H. BAILEY, DDS 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