Retirement plan

DENTAL FACULTY PRACTICE ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN NO. 003

Name: DENTAL FACULTY PRACTICE ASSOCIATION, INC. - DENTAL FACULTY PRACTICE ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN NO. 003 (2024) Form 5500
Creator: DENTAL FACULTY PRACTICE ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DENTAL FACULTY PRACTICE ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN NO. 003, DENTAL FACULTY PRACTICE ASSOCIATION, INC.

DENTAL FACULTY PRACTICE ASSOCIATION, INC.EIN 31-1203750Plan #003PY 2024

305 WEST 12TH AVENUE - COLUMBUS, OH 43210614-292-3333smileexperts.osu.eduLinkedIn11-50 employees

Other plans on this EIN

2 filings

#002Retirement-$3.7M assets #001Retirement-$933K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+4.0% from 2023

Total participants

-5.4% from 2023

Average account balance

$59,894

+10.0% from 2023

Annual return

12.20%

+1.47 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.19M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

189.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$180K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7656

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 codes2C2G2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$536K

$14484 / participant

Other / not subdivided$536K100.0%

% of EOY assets

12.782%

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

$59,894

$81,233-26.3%

$155,567-61.5%

$80,874-25.9%

Participation rate

100.0%

66.2%+33.8pp

78.2%+21.8pp

67.6%+32.4pp

Annual return

12.20%

33.33%-21.1pp

64.74%-52.5pp

35.62%-23.4pp

Employer contribution / active EE

$4,875

$3,101+57.2%

$4,674+4.3%

$2,756+76.9%

Participant deferral / active EE

$3,452-100.0%

$5,628-100.0%

$4,297-100.0%

Admin fee / account holder

$7,656

$7,998-4.3%

$15,916-51.9%

$6,935+10.4%

DENTAL FACULTY PRACTICE ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN NO. 003

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DENTAL FACULTY PRACTICE ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN NO. 003

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