Retirement plan

LAWRENCE L. JOHNSON, M.D., S.C.PS PLAN

Name: LAWRENCE L. JOHNSON, M.D., S.C. - LAWRENCE L. JOHNSON, M.D., S.C.PS PLAN (2024) Form 5500
Creator: LAWRENCE L. JOHNSON, M.D., S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAWRENCE L. JOHNSON, M.D., S.C.PS PLAN, LAWRENCE L. JOHNSON, M.D., S.C.

LAWRENCE L. JOHNSON, M.D., S.C.EIN 36-3080549Plan #002PY 2024

3310 W. MAIN STREET, SUITE 115 - ST. CHARLES, IL 60175630-232-2885LinkedIn1-10 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$7.2M

+11.8% from 2023

Total participants

-4.2% from 2023

Average account balance

$326,398

+11.8% from 2023

Annual return

13.79%

-4.01 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.18M

Not enough data

1 years with asset history on file

Average account balance

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

$326K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11741

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$258K

$12915 / participant

Other / not subdivided$258K100.0%

% of EOY assets

3.597%

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

$326,398

$183,539+77.8%

$155,556+109.8%

$145,897+123.7%

Participation rate

95.0%

82.7%+12.3pp

78.2%+16.8pp

80.3%+14.7pp

Annual return

13.79%

61.31%-47.5pp

64.84%-51.0pp

552.29%-538.5pp

Employer contribution / active EE

$2,226

$5,315-58.1%

$4,675-52.4%

$4,663-52.3%

Participant deferral / active EE

$4,434

$6,467-31.4%

$5,631-21.3%

$6,689-33.7%

Admin fee / account holder

$11,741

$19,275-39.1%

$15,885-26.1%

$13,390-12.3%

LAWRENCE L. JOHNSON, M.D., S.C.PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAWRENCE L. JOHNSON, M.D., S.C.PS 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