Retirement plan

JOHN J. LIM, MD, SURGICAL ASSOCIATES OF MACOMB, PLC PROFIT SHARING PLAN

Name: JOHN J. LIM, MD - JOHN J. LIM, MD, SURGICAL ASSOCIATES OF MACOMB, PLC PROFIT SHARING PLAN (2019) Form 5500
Creator: JOHN J. LIM, MD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN J. LIM, MD, SURGICAL ASSOCIATES OF MACOMB, PLC PROFIT SHARING PLAN, JOHN J. LIM, MD

JOHN J. LIM, MDEIN 38-3347200Plan #002PY 2019

43331 COMMONS DR - CLINTON TWP, MI 480381109586-263-5410samplc.netLinkedIn1-10 employeeshospital & health care

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$4.2M

+32.0% from 2018

Total participants

-9.1% from 2018

Average account balance

$470,518

+61.3% from 2018

Annual return

21.84%

+26.85 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.88M

Not enough data

1 years with asset history on file

Average account balance

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

$697K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+10.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14560

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 codes2E2F2T

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).
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2K

$181 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.043%

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

$470,518

$202,342+132.5%

$172,753+172.4%

$152,909+207.7%

Participation rate

90.0%

87.1%+2.9pp

82.6%+7.4pp

82.5%+7.5pp

Annual return

21.84%

1029.88%-1008.0pp

803.00%-781.2pp

345.46%-323.6pp

Employer contribution / active EE

$26,030

$5,857+344.4%

$5,144+406.0%

$4,764+446.4%

Participant deferral / active EE

$6,455

$5,948+8.5%

$5,198+24.2%

$5,851+10.3%

Admin fee / account holder

$201

$17,112-98.8%

$13,956-98.6%

$11,601-98.3%

JOHN J. LIM, MD, SURGICAL ASSOCIATES OF MACOMB, PLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN J. LIM, MD, SURGICAL ASSOCIATES OF MACOMB, PLC 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