Retirement plan

OCCHIETTI SELDEN DENTAL PC 401(K) PROFIT SHARING PLAN

Name: OCCHIETTI SELDEN DENTAL PC - OCCHIETTI SELDEN DENTAL PC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: OCCHIETTI SELDEN DENTAL PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCCHIETTI SELDEN DENTAL PC 401(K) PROFIT SHARING PLAN, OCCHIETTI SELDEN DENTAL PC

OCCHIETTI SELDEN DENTAL PCEIN 36-4517060Plan #001PY 2022

225 KENT STREET - IRON MOUNTAIN, MI 49801906-774-5636LinkedIn11-50 employeesmedical practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$5.5M

-17.7% from 2021

Total participants

+20.0% from 2021

Average account balance

$367,464

-28.6% from 2021

Annual return

-19.63%

-36.83 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.50M

Not enough data

1 years with asset history on file

Average account balance

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

$559K

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.

141.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$301K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+14.20%

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 codes2E2F2G2J3D

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.
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

1 tripped

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

$367,464

$167,362+119.6%

$143,799+155.5%

$134,532+173.1%

Participation rate

76.9%

84.8%-7.9pp

80.3%-3.4pp

81.2%-4.3pp

Annual return

-19.63%

0.47%-20.1pp

-0.04%-19.6pp

418.27%-437.9pp

Employer contribution / active EE

$3,846

$5,620-31.6%

$4,952-22.3%

$4,741-18.9%

Participant deferral / active EE

$6,340

$6,447-1.7%

$5,638+12.4%

$6,401-1.0%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

OCCHIETTI SELDEN DENTAL PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

OCCHIETTI SELDEN DENTAL PC 401(K) PROFIT SHARING 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