Retirement plan

SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, PA 401(K) PROFIT SHARING PLAN

Name: SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, P.A. - SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, PA 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, PA 401(K) PROFIT SHARING PLAN, SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, P.A.

SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, P.A.EIN 27-3994954Plan #001PY 2019

12200 PARK CENTRAL DRIVE, ONE FORREST MEDICAL PLAZA - DALLAS, TX 75251972-239-6999mohsdallas.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$86K

-80.0% from 2018

Total participants

-21.4% from 2018

Average account balance

$7,812

-74.6% from 2018

Annual return

14.53%

+24.05 pp from 2018

Benchmarks

See 512 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort512 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.44M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1889

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 codes2E2G2J3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$424K

Other / not subdivided$424K100.0%

% of EOY assets

493.167%

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

$7,812

$282,106-97.2%

$172,752-95.5%

Participation rate

0.0%

64.8%-64.8pp

82.6%-82.6pp

Annual return

14.53%

12.00%+2.5pp

802.97%-788.4pp

Employer contribution / active EE

$1,776-100.0%

$5,144-100.0%

Participant deferral / active EE

$2,424-100.0%

$5,198-100.0%

Admin fee / account holder

$38,528

$24,081+60.0%

$13,955+176.1%

SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, PA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SURGICAL DERMATOLOGY ASSOCIATES OF DALLAS, PA 401(K) 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