Retirement plan

GARRETT S. FONG, D.M.D., INC. 401(K) PROFIT SHARING PLAN

Name: GARRETT S. FONG, D.M.D., INC. - GARRETT S. FONG, D.M.D., INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: GARRETT S. FONG, D.M.D., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GARRETT S. FONG, D.M.D., INC. 401(K) PROFIT SHARING PLAN, GARRETT S. FONG, D.M.D., INC.

GARRETT S. FONG, D.M.D., INC.EIN 27-0979921Plan #002PY 2022

620 W. LONGDEN AVENUE - ARCADIA, CA 91007626-447-6770

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$358K

+142.6% from 2020

Total participants

+100.0% from 2020

Average account balance

$179,100

+21.3% from 2020

Annual return

36.87%

+6.80 pp from 2020

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

$856K

Not enough data

1 years with asset history on file

Average account balance

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

$285K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+34.90%

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$179,100

$167,362+7.0%

$143,799+24.5%

$134,532+33.1%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

36.87%

0.47%+36.4pp

-0.04%+36.9pp

418.27%-381.4pp

Employer contribution / active EE

$10,069

$5,620+79.1%

$4,952+103.3%

$4,741+112.4%

Participant deferral / active EE

$16,500

$6,447+155.9%

$5,638+192.6%

$6,401+157.8%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

GARRETT S. FONG, D.M.D., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GARRETT S. FONG, D.M.D., INC. 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