Retirement plan

ILLINOIS STATE DENTAL SOCIETY EMPLOYEES' 401(K) PROFIT SHARING PLAN

Name: ILLINOIS STATE DENTAL SOCIETY - ILLINOIS STATE DENTAL SOCIETY EMPLOYEES' 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ILLINOIS STATE DENTAL SOCIETY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ILLINOIS STATE DENTAL SOCIETY EMPLOYEES' 401(K) PROFIT SHARING PLAN, ILLINOIS STATE DENTAL SOCIETY

ILLINOIS STATE DENTAL SOCIETYEIN 37-0682986Plan #003PY 2022

1010 S. 2ND STREET - SPRINGFIELD, IL 62704217-525-1406isds.orgLinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#004Retirement-$3.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+9.9% from 2021

Total participants

+46.7% from 2021

Average account balance

$105,268

-26.8% from 2021

Annual return

10.67%

+3.82 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.34M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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

$134K

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

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3447

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 codes2E2F2J3D

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).
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

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

$140K

$10772 / participant

Other / not subdivided$140K100.0%

% of EOY assets

6.335%

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

$105,268

$138,114-23.8%

$125,391-16.0%

$134,545-21.8%

Participation rate

92.3%

84.5%+7.8pp

82.4%+9.9pp

81.2%+11.1pp

Annual return

10.67%

750.88%-740.2pp

572.41%-561.7pp

418.37%-407.7pp

Employer contribution / active EE

$4,163

$5,246-20.6%

$4,816-13.6%

$4,742-12.2%

Participant deferral / active EE

$4,528

$7,801-42.0%

$7,448-39.2%

$6,401-29.3%

Admin fee / account holder

$6,668

$11,570-42.4%

$10,009-33.4%

$11,431-41.7%

ILLINOIS STATE DENTAL SOCIETY EMPLOYEES' 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ILLINOIS STATE DENTAL SOCIETY EMPLOYEES' 401(K) 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