Retirement plan

STEVEN G. BERWITZ, DMD, PC 401(K) PROFIT SHARING PLAN

Name: STEVEN G. BERWITZ, DMD, PC - STEVEN G. BERWITZ, DMD, PC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: STEVEN G. BERWITZ, DMD, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEVEN G. BERWITZ, DMD, PC 401(K) PROFIT SHARING PLAN, STEVEN G. BERWITZ, DMD, PC

STEVEN G. BERWITZ, DMD, PCEIN 27-2606350Plan #001PY 2017

7 OGLETHORPE PROFESSIONAL BLVD., SUITE 2 - SAVANNAH, GA 31406912-355-5004stevenberwitzdmd.comLinkedIn1-10 employeeshospital & health care

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$159K

+31.5% from 2016

Total participants

+16.7% from 2016

Average account balance

$39,751

-1.4% from 2016

Annual return

11.45%

-0.46 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

$673K

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$67K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1424

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

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

$39,751

$198,457-80.0%

$170,435-76.7%

$147,586-73.1%

Participation rate

57.1%

88.0%-30.8pp

83.6%-26.5pp

82.8%-25.7pp

Annual return

11.45%

257.30%-245.9pp

205.94%-194.5pp

578.59%-567.1pp

Employer contribution / active EE

$1,045

$6,183-83.1%

$5,432-80.8%

$4,876-78.6%

Participant deferral / active EE

$2,416

$5,629-57.1%

$4,939-51.1%

$5,439-55.6%

Admin fee / account holder

$16,852-100.0%

$13,881-100.0%

$10,886-100.0%

STEVEN G. BERWITZ, DMD, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STEVEN G. BERWITZ, DMD, 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