Retirement plan

DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. PROFIT SHARING PLAN

Name: DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. - DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. PROFIT SHARING PLAN (2023) Form 5500
Creator: DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. PROFIT SHARING PLAN, DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C.

DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C.EIN 35-1333192Plan #001PY 2023

1200 SOUTH ROGERS ST. - BLOOMINGTON, IN 47403812-339-6434dcsionline.comLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.3M

+22.1% from 2022

Total participants

+11.8% from 2022

Average account balance

$96,286

+9.2% from 2022

Annual return

16.87%

+33.05 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.67M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

131.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$756K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3153

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 codes2E2G3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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

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

$401K

$6677 / participant

Other / not subdivided$401K100.0%

% of EOY assets

5.475%

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

$96,286

$77,920+23.6%

$149,723-35.7%

$75,177+28.1%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

16.87%

31.72%-14.8pp

134.50%-117.6pp

160.75%-143.9pp

Employer contribution / active EE

$7,013

$3,138+123.5%

$4,821+45.5%

$2,671+162.6%

Participant deferral / active EE

$4,879

$3,411+43.0%

$5,682-14.1%

$4,126+18.2%

Admin fee / account holder

$5,271

$5,951-11.4%

$13,215-60.1%

$5,651-6.7%

DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DERMATOLOGY CENTER OF SOUTHERN INDIANA, P.C. PROFIT SHARING PLAN

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