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 (2019) 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 2019

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

Other plans on this EIN

2 filings

#002Retirement-$3.5M assets #001Retirement-$500K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.6M

-12.5% from 2018

Total participants

+9.4% from 2018

Average account balance

$65,033

-20.0% from 2018

Annual return

17.15%

+21.47 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$36768 / participant

Other / not subdivided$2M100.0%

% of EOY assets

40.384%

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

$65,033

$85,171-23.6%

$172,752-62.4%

$72,975-10.9%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

17.15%

27.32%-10.2pp

802.97%-785.8pp

81.01%-63.9pp

Employer contribution / active EE

$5,249

$3,324+57.9%

$5,144+2.0%

$2,440+115.1%

Participant deferral / active EE

$3,260-100.0%

$5,198-100.0%

$3,608-100.0%

Admin fee / account holder

$26,263

$5,880+346.6%

$13,955+88.2%

$5,124+412.5%

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