Retirement plan

PAUL M POLYVIOU, DDS, PC PROFIT SHARING PLAN & TRUST

Name: PAUL M. POLYVIOU, D.D.S., P.C. - PAUL M POLYVIOU, DDS, PC PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: PAUL M. POLYVIOU, D.D.S., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAUL M POLYVIOU, DDS, PC PROFIT SHARING PLAN & TRUST, PAUL M. POLYVIOU, D.D.S., P.C.

PAUL M. POLYVIOU, D.D.S., P.C.EIN 38-1953926Plan #002PY 2022

3784 DIX TOLEDO ROAD - LINCOLN PARK, MI 481463881313-388-2400

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

-15.5% from 2021

Total participants

+14.8% from 2021

Average account balance

$69,748

-26.4% from 2021

Annual return

-18.13%

-50.78 pp from 2021

Benchmarks

See 105,966 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,966 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.16M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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

$87K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8121

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 codes2E2J2H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$6K

$356 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.296%

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

$69,748

$167,352-58.3%

$143,788-51.5%

$134,509-48.1%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-18.13%

0.47%-18.6pp

-0.03%-18.1pp

418.13%-436.3pp

Employer contribution / active EE

$1,778

$5,620-68.4%

$4,952-64.1%

$4,741-62.5%

Participant deferral / active EE

$2,275

$6,447-64.7%

$5,638-59.6%

$6,400-64.5%

Admin fee / account holder

$207

$18,091-98.9%

$14,675-98.6%

$11,427-98.2%

PAUL M POLYVIOU, DDS, PC PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAUL M POLYVIOU, DDS, PC PROFIT SHARING PLAN & TRUST

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