Retirement plan

DAVID R BROSTOWITZ DDS SC 401(K) PROFIT SHARING PLAN

Name: DAVID R. BROSTOWITZ, D.D.S., S.C. - DAVID R BROSTOWITZ DDS SC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: DAVID R. BROSTOWITZ, D.D.S., S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID R BROSTOWITZ DDS SC 401(K) PROFIT SHARING PLAN, DAVID R. BROSTOWITZ, D.D.S., S.C.

DAVID R. BROSTOWITZ, D.D.S., S.C.EIN 39-1500926Plan #001PY 2022

141 W. FRONT STREET - PESHTIGO, WI 541571421715-582-3601LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$503K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.1M

-8.5% from 2021

Total participants

-6.7% from 2021

Average account balance

$296,398

-1.9% from 2021

Annual return

-9.77%

-18.98 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

$4.70M

Not enough data

1 years with asset history on file

Average account balance

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

$428K

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.

122.2%

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

$12K

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

+6.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22656

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$78K

$7096 / participant

Other / not subdivided$78K100.0%

% of EOY assets

1.881%

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

$296,398

$167,352+77.1%

$143,788+106.1%

$134,509+120.4%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-9.77%

0.47%-10.2pp

-0.03%-9.7pp

418.13%-427.9pp

Employer contribution / active EE

$3,137

$5,620-44.2%

$4,952-36.6%

$4,741-33.8%

Participant deferral / active EE

$6,763

$6,447+4.9%

$5,638+19.9%

$6,400+5.7%

Admin fee / account holder

$5,576

$18,091-69.2%

$14,675-62.0%

$11,427-51.2%

DAVID R BROSTOWITZ DDS SC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID R BROSTOWITZ DDS SC 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