Retirement plan

WILLIAM J. BENNETT,III, D.D.S., P.C. 401(K) PLAN

Name: WILLIAM J. BENNETT III, D.D.S., P. - WILLIAM J. BENNETT,III, D.D.S., P.C. 401(K) PLAN (2021) Form 5500
Creator: WILLIAM J. BENNETT III, D.D.S., P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIAM J. BENNETT,III, D.D.S., P.C. 401(K) PLAN, WILLIAM J. BENNETT III, D.D.S., P.

WILLIAM J. BENNETT III, D.D.S., P.EIN 36-4324362Plan #001PY 2021

10719 W 159TH ST - ORLAND PARK, IL 60467708-226-1500smilesbybennett.comLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$252K

+39.2% from 2020

Total participants

0.0% from 2020

Average account balance

$251,822

+39.2% from 2020

Annual return

18.31%

+12.15 pp from 2020

Benchmarks

See 103,173 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,173 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$741K

Not enough data

1 years with asset history on file

Average account balance

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

$247K

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.

100.0%

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

$30K

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

+25.50%

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 codes2E2J

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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$251,822

$217,432+15.8%

$185,851+35.5%

$167,553+50.3%

Participation rate

100.0%

86.1%+13.9pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

18.31%

148.43%-130.1pp

122.11%-103.8pp

478.89%-460.6pp

Employer contribution / active EE

$11,800

$5,874+100.9%

$5,168+128.3%

$4,840+143.8%

Participant deferral / active EE

$26,000

$6,357+309.0%

$5,569+366.9%

$6,343+309.9%

Admin fee / account holder

$19,820-100.0%

$16,245-100.0%

$12,316-100.0%

WILLIAM J. BENNETT,III, D.D.S., P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WILLIAM J. BENNETT,III, D.D.S., P.C. 401(K) 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