Retirement plan

RACHEL B. DONOVAN D.M.D., P.A. 401(K) PROFIT SHARING PLAN & TRUST

Name: RACHEL B. DONOVAN D.M.D., P.A. - RACHEL B. DONOVAN D.M.D., P.A. 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: RACHEL B. DONOVAN D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RACHEL B. DONOVAN D.M.D., P.A. 401(K) PROFIT SHARING PLAN & TRUST, RACHEL B. DONOVAN D.M.D., P.A.

RACHEL B. DONOVAN D.M.D., P.A.EIN 32-0008997Plan #001PY 2022

5248 RED CEDAR DRIVE, SUITE 101 - FORT MYERS, FL 33907239-939-4737

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$308K

No prior year

Total participants

No prior year

Average account balance

$43,963

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$535K

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+5.61%

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

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$43,963

$167,362-73.7%

$143,799-69.4%

$134,532-67.3%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

0.00%

0.47%-0.5pp

-0.04%0pp

418.27%-418.3pp

Employer contribution / active EE

$5,917

$5,620+5.3%

$4,952+19.5%

$4,741+24.8%

Participant deferral / active EE

$7,446

$6,447+15.5%

$5,638+32.1%

$6,401+16.3%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

RACHEL B. DONOVAN D.M.D., P.A. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RACHEL B. DONOVAN D.M.D., P.A. 401(K) PROFIT SHARING PLAN & TRUST

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