Retirement plan

BROADWAY DENTAL, LLC 401(K) PLAN

Name: BROADWAY DENTAL, LLC - BROADWAY DENTAL, LLC 401(K) PLAN (2024) Form 5500
Creator: BROADWAY DENTAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROADWAY DENTAL, LLC 401(K) PLAN, BROADWAY DENTAL, LLC

BROADWAY DENTAL, LLCEIN 42-1506455Plan #001PY 2024

1415 BROADWAY - DENISON, IA 51442712-263-5615broadwaydental.orgLinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

+21.5% from 2023

Total participants

+2.8% from 2023

Average account balance

$94,895

+18.2% from 2023

Annual return

12.54%

-3.14 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.51M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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

$286K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$303

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
EDWARD JONES1 year Filed as: EDWARD D JONES AND CO Service code 26 · EIN 43-0345811	Advisory (Participants)	$10,027
AMERICAN UNITED LIFE INSURANCE CO1 year Service code 15 · EIN 35-0145825	Recordkeeping	$8,004

Plan features & details

Pension benefit codes2E2F2J2K2T2X3D3H

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$11K

$362 / participant

Contract admin$11K100.0%

% of EOY assets

0.319%

all-in expense ratio

Categories reported

1 / 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

$94,895

$81,276+16.8%

$155,574-39.0%

$80,925+17.3%

Participation rate

100.0%

66.2%+33.8pp

78.2%+21.8pp

67.7%+32.3pp

Annual return

12.54%

33.36%-20.8pp

64.87%-52.3pp

35.65%-23.1pp

Employer contribution / active EE

$1,781

$3,103-42.6%

$4,676-61.9%

$2,756-35.4%

Participant deferral / active EE

$7,435

$3,453+115.3%

$5,629+32.1%

$4,299+73.0%

Admin fee / account holder

$303

$7,993-96.2%

$15,914-98.1%

$6,940-95.6%

Provider

Service type

Compensation

EDWARD JONES1 year

Filed as: EDWARD D JONES AND CO

Service code 26 · EIN 43-0345811

Advisory (Participants)

$10,027

AMERICAN UNITED LIFE INSURANCE CO1 year

Service code 15 · EIN 35-0145825

Recordkeeping

$8,004

BROADWAY DENTAL, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROADWAY DENTAL, LLC 401(K) 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