Retirement plan

LESIA LANGSTON-MCKENNA, DMD, INC. CASH BALANCE PENSION PLAN

Name: LESIA LANGSTON-MCKENNA, DMD, INC. - LESIA LANGSTON-MCKENNA, DMD, INC. CASH BALANCE PENSION PLAN (2019) Form 5500
Creator: LESIA LANGSTON-MCKENNA, DMD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LESIA LANGSTON-MCKENNA, DMD, INC. CASH BALANCE PENSION PLAN, LESIA LANGSTON-MCKENNA, DMD, INC.

LESIA LANGSTON-MCKENNA, DMD, INC.EIN 31-1509756Plan #002PY 2019

P.O. BOX 400 - HILLSBORO, OH 45133937-393-1472langstondentalhillsboro.comLinkedIn11-50 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#001Retirement-$2.3M assets

Prospect flagsHigh feesLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1.8M

+25.8% from 2018

Total participants

+14.3% from 2018

Average account balance

$112,408

No prior year

Annual return

18.20%

+25.37 pp from 2018

Benchmarks

See 13,406 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants<25

Cohort13,406 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.13M

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$96

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

+13.03%

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

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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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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

3 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.
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

$20K

$2047 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.138%

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

$112,408

$212,470-47.1%

$428,620-73.8%

$254,542-55.8%

Participation rate

100.0%

52.4%+47.6pp

46.0%+54.0pp

47.4%+52.6pp

Annual return

18.20%

21.43%-3.2pp

20.73%-2.5pp

12.16%+6.0pp

Employer contribution / active EE

$11,438

$39,472-71.0%

$36,503-68.7%

$44,747-74.4%

Participant deferral / active EE

$80-100.0%

$77-100.0%

$170-100.0%

Admin fee / account holder

$1,279

$5,476-76.6%

$7,495-82.9%

$17,640-92.7%

LESIA LANGSTON-MCKENNA, DMD, INC. CASH BALANCE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LESIA LANGSTON-MCKENNA, DMD, INC. CASH BALANCE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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