Retirement plan

SOUTH BELLMORE VETERINARY GROUP 401K PSP

Name: SOUTH BELLMORE VETERINARY GROUP - SOUTH BELLMORE VETERINARY GROUP 401K PSP (2019) Form 5500
Creator: SOUTH BELLMORE VETERINARY GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH BELLMORE VETERINARY GROUP 401K PSP, SOUTH BELLMORE VETERINARY GROUP

SOUTH BELLMORE VETERINARY GROUPEIN 45-0487132Plan #002PY 2019

2506 MERRICK ROAD - BELLMORE, NY 11710718-423-9600southbellmoreveterinarygroup.comLinkedIn1-10 employeesveterinary

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+26.6% from 2018

Total participants

+16.7% from 2018

Average account balance

$47,769

+10.1% from 2018

Annual return

17.82%

+28.65 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.26M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

162.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3288

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 codes2E2J2H3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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

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

$47,769

$157,304-69.6%

$141,197-66.2%

$152,909-68.8%

Participation rate

70.6%

84.8%-14.2pp

82.5%-11.9pp

Annual return

17.82%

64.34%-46.5pp

71.41%-53.6pp

345.46%-327.6pp

Employer contribution / active EE

$1,442

$5,263-72.6%

$4,736-69.6%

$4,764-69.7%

Participant deferral / active EE

$3,025

$7,111-57.5%

$6,710-54.9%

$5,851-48.3%

Admin fee / account holder

$12,126-100.0%

$10,265-100.0%

$11,601-100.0%

SOUTH BELLMORE VETERINARY GROUP 401K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SOUTH BELLMORE VETERINARY GROUP 401K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion