Retirement plan

STEVEN P. MARSH, D.D.S., INC. PROFIT SHARING PLAN & TRUST

Name: STEVEN P. MARSH, D.D.S., INC. - STEVEN P. MARSH, D.D.S., INC. PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: STEVEN P. MARSH, D.D.S., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEVEN P. MARSH, D.D.S., INC. PROFIT SHARING PLAN & TRUST, STEVEN P. MARSH, D.D.S., INC.

STEVEN P. MARSH, D.D.S., INC.EIN 34-1351696Plan #001PY 2016

540 BRAINARD PLACE, 29001 CEDAR ROAD - LYNDHURST, OH 44124440-461-1003

Other plans on this EIN

1 filing

#003Retirement-$2.9M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+3.2% from 2015

Total participants

+7.1% from 2015

Average account balance

$148,332

-3.6% from 2015

Annual return

2.64%

+4.57 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$592K

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41270

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 codes2E2F2G3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$82K

$6305 / participant

Other / not subdivided$82K100.0%

% of EOY assets

3.684%

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

$148,332

$181,896-18.5%

$156,551-5.2%

$273,972-45.9%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

2.64%

30.74%-28.1pp

32.23%-29.6pp

41.46%-38.8pp

Employer contribution / active EE

$3,372

$6,248-46.0%

$5,501-38.7%

$4,869-30.8%

Participant deferral / active EE

$3,904

$5,550-29.7%

$4,871-19.9%

$5,287-26.2%

Admin fee / account holder

$5,465

$15,560-64.9%

$13,028-58.1%

$10,133-46.1%

STEVEN P. MARSH, D.D.S., INC. PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEVEN P. MARSH, D.D.S., INC. PROFIT SHARING PLAN & TRUST

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