Retirement plan

ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. 401(K) PROFIT SHARING PLAN

Name: ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. - ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. 401(K) PROFIT SHARING PLAN, ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C.

ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C.EIN 39-1148730Plan #003PY 2020

788 OAKLEAF WAY - ALTOONA, WY 54720920-544-4970omsfoxcities.comLinkedIn11-50 employeesmedical practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$15M

+6.8% from 2019

Total participants

+10.6% from 2019

Average account balance

$288,665

-3.4% from 2019

Annual return

2.92%

-2.82 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.40M

Not enough data

1 years with asset history on file

Average account balance

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

$347K

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.

157.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$460K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+8.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$300235

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 codes2E2F2G2J2T3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$196K

$4889 / participant

Other / not subdivided$196K100.0%

% of EOY assets

1.303%

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

$288,665

$91,198+216.5%

$178,503+61.7%

$79,856+261.5%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

2.92%

24.20%-21.3pp

151.12%-148.2pp

31.71%-28.8pp

Employer contribution / active EE

$8,660

$3,257+165.9%

$5,011+72.8%

$2,471+250.4%

Participant deferral / active EE

$8,800

$3,237+171.9%

$5,202+69.2%

$3,741+135.3%

Admin fee / account holder

$3,761

$6,748-44.3%

$13,987-73.1%

$5,306-29.1%

ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORAL & MAXILLOFACIAL SURGERY ASSOCIATES OF EAU CLAIRE, S.C. 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