Retirement plan

EDMOND FAMILY DENTAL DESIGNS, PLLC 401(K) PROFIT SHARING PLAN

Name: EDMOND FAMILY DENTAL DESIGNS, PLLC - EDMOND FAMILY DENTAL DESIGNS, PLLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: EDMOND FAMILY DENTAL DESIGNS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDMOND FAMILY DENTAL DESIGNS, PLLC 401(K) PROFIT SHARING PLAN, EDMOND FAMILY DENTAL DESIGNS, PLLC

EDMOND FAMILY DENTAL DESIGNS, PLLCEIN 43-2083958Plan #001PY 2024

233 EAST 10TH STREET PLAZA - EDMOND, OK 730344737405-341-6134edmondfamilydentaldesigns.comLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.3M

+25.2% from 2023

Total participants

+9.1% from 2023

Average account balance

$110,158

+25.2% from 2023

Annual return

18.21%

-6.06 pp from 2023

Benchmarks

See 109,631 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,631 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.31M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1348

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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$28K

$1572 / participant

Other / not subdivided$28K100.0%

% of EOY assets

1.223%

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

$110,158

$183,592-40.0%

$155,567-29.2%

$145,959-24.5%

Participation rate

83.3%

82.7%+0.7pp

78.2%+5.1pp

80.3%+3.0pp

Annual return

18.21%

61.24%-43.0pp

64.74%-46.5pp

561.95%-543.7pp

Employer contribution / active EE

$2,132

$5,315-59.9%

$4,674-54.4%

$4,661-54.2%

Participant deferral / active EE

$5,058

$6,464-21.8%

$5,628-10.1%

$6,689-24.4%

Admin fee / account holder

$1,348

$19,318-93.0%

$15,916-91.5%

$13,398-89.9%

EDMOND FAMILY DENTAL DESIGNS, PLLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDMOND FAMILY DENTAL DESIGNS, PLLC 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