Retirement plan

TEAYS VALLEY CHIROPRACTIC, PLLC 401K PLAN

Name: TEAYS VALLEY CHIROPRACTIC, PLLC - TEAYS VALLEY CHIROPRACTIC, PLLC 401K PLAN (2017) Form 5500
Creator: TEAYS VALLEY CHIROPRACTIC, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEAYS VALLEY CHIROPRACTIC, PLLC 401K PLAN, TEAYS VALLEY CHIROPRACTIC, PLLC

TEAYS VALLEY CHIROPRACTIC, PLLCEIN 35-2320366Plan #001PY 2017

3857 TEAYS VALLEY RD - HURRICANE, WV 255269480304-757-7266teaysvalleychiropractic.comLinkedIn1-10 employeeshospital & health care

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$556K

+31.0% from 2016

Total participants

-18.2% from 2016

Average account balance

$69,508

+31.0% from 2016

Annual return

19.44%

+10.13 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.20M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$65K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$769

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 codes2E2J3B3D2G

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$69,508

$198,457-65.0%

$170,435-59.2%

$147,586-52.9%

Participation rate

88.9%

88.0%+0.9pp

83.6%+5.3pp

82.8%+6.1pp

Annual return

19.44%

257.30%-237.9pp

205.94%-186.5pp

578.59%-559.2pp

Employer contribution / active EE

$1,029

$6,183-83.4%

$5,432-81.1%

$4,876-78.9%

Participant deferral / active EE

$4,412

$5,629-21.6%

$4,939-10.7%

$5,439-18.9%

Admin fee / account holder

$16,852-100.0%

$13,881-100.0%

$10,886-100.0%

TEAYS VALLEY CHIROPRACTIC, PLLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TEAYS VALLEY CHIROPRACTIC, PLLC 401K PLAN

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