Retirement plan

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN

Name: OPEN DOOR CENTER - OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: OPEN DOOR CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN, OPEN DOOR CENTER

OPEN DOOR CENTEREIN 45-0277603Plan #002PY 2016

129 3RD AVENUE NORTHEAST - VALLEY CITY, ND 58072701-845-1124odcvc.comLinkedIn201-500 employeesmedical practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$12.3M

No prior year

Total participants

212

No prior year

Average account balance

$63,603

No prior year

Annual return

-0.68%

No prior year

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.77M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

173

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.

72.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$696K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$310

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 1 by compensation

Provider	Service type	Compensation
BELL BANK1+ years Filed as: BELL STATE BANK & TRUST Service code 15 · EIN 45-0283315	Recordkeeping	$37,579

Plan features & details

Pension benefit codes2C2E2F2G2J2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$215 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.305%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,603

$43,423+46.5%

$78,676-19.2%

$55,167+15.3%

Participation rate

89.7%

68.0%+21.7pp

73.6%+16.1pp

69.0%+20.7pp

Annual return

-0.68%

11.53%-12.2pp

62.19%-62.9pp

169.23%-169.9pp

Employer contribution / active EE

$6,062

$1,997+203.6%

$2,850+112.7%

$1,963+208.9%

Participant deferral / active EE

$1,309

$2,509-47.8%

$3,517-62.8%

$3,054-57.1%

Admin fee / account holder

$194

$416-53.5%

$4,510-95.7%

$504-61.6%

Provider

Service type

Compensation

BELL BANK1+ years

Filed as: BELL STATE BANK & TRUST

Service code 15 · EIN 45-0283315

Recordkeeping

$37,579

OPEN DOOR CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPEN DOOR CENTER 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