Retirement plan

G. SCOTT KELLY, DDS PC 401(K) & PS

Name: G. SCOTT KELLY, DDS, PC - G. SCOTT KELLY, DDS PC 401(K) & PS (2024) Form 5500
Creator: G. SCOTT KELLY, DDS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G. SCOTT KELLY, DDS PC 401(K) & PS, G. SCOTT KELLY, DDS, PC

G. SCOTT KELLY, DDS, PCEIN 38-3472865Plan #001PY 2024

5 LOWRIE AVE - GLADSTONE, MI 49837906-428-1923

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+28.2% from 2023

Total participants

+11.1% from 2023

Average account balance

$201,124

+15.4% from 2023

Annual return

21.54%

-2.26 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$201K

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

$104K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+21.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1281

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$13K

$1281 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.637%

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

$201,124

$183,539+9.6%

$155,556+29.3%

$145,897+37.9%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

21.54%

61.31%-39.8pp

64.84%-43.3pp

552.29%-530.7pp

Employer contribution / active EE

$4,340

$5,315-18.3%

$4,675-7.2%

$4,663-6.9%

Participant deferral / active EE

$6,057

$6,467-6.3%

$5,631+7.6%

$6,689-9.5%

Admin fee / account holder

$1,281

$19,275-93.4%

$15,885-91.9%

$13,390-90.4%

G. SCOTT KELLY, DDS PC 401(K) & PS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

G. SCOTT KELLY, DDS PC 401(K) & PS

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