Retirement plan

MEYER VETERINARY CLINIC PROFIT SHARING PLAN

Name: ALLEN D. MEYER D.V.M., P.C. - MEYER VETERINARY CLINIC PROFIT SHARING PLAN (2017) Form 5500
Creator: ALLEN D. MEYER D.V.M., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEYER VETERINARY CLINIC PROFIT SHARING PLAN, ALLEN D. MEYER D.V.M., P.C.

ALLEN D. MEYER D.V.M., P.C.EIN 38-2942093Plan #001PY 2017

530 BELL AVENUE - CADILLAC, MI 49601231-775-4104

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

+18.5% from 2016

Total participants

+11.1% from 2016

Average account balance

$185,482

+6.6% from 2016

Annual return

13.97%

+3.91 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.07M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$238K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2698

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

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

$185,482

$150,446+23.3%

$136,297+36.1%

$147,585+25.7%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

13.97%

1049.14%-1035.2pp

5156.19%-5142.2pp

578.58%-564.6pp

Employer contribution / active EE

$7,055

$5,256+34.2%

$4,696+50.2%

$4,876+44.7%

Participant deferral / active EE

$3,860

$6,631-41.8%

$6,247-38.2%

$5,439-29.0%

Admin fee / account holder

$10,906-100.0%

$9,244-100.0%

$10,886-100.0%

MEYER VETERINARY CLINIC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MEYER VETERINARY CLINIC 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