Retirement plan

SPINE & NEURO PAIN SPECIALISTS 401K PLAN

Name: DREAM MEDICAL, LLC DBA SPINE & NEURO PAIN SPECIALISTS - SPINE & NEURO PAIN SPECIALISTS 401K PLAN (2024) Form 5500
Creator: DREAM MEDICAL, LLC DBA SPINE & NEURO PAIN SPECIALISTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPINE & NEURO PAIN SPECIALISTS 401K PLAN, DREAM MEDICAL, LLC DBA SPINE & NEURO PAIN SPECIALISTS

DREAM MEDICAL, LLC DBA SPINE & NEURO PAIN SPECIALISTSEIN 45-2737701Plan #001PY 2024

2103 JENKS AVE - PANAMA CITY, FL 32405850-763-8000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+13.3% from 2023

Total participants

+12.5% from 2023

Average account balance

$112,031

+13.3% from 2023

Annual return

11.05%

-6.40 pp from 2023

Benchmarks

See 109,510 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,510 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.79M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

123.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

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

+11.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$867

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 codes2J3D

Plan features

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

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

$14K

$1067 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.774%

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

$112,031

$183,627-39.0%

$155,602-28.0%

$145,978-23.3%

Participation rate

84.6%

82.7%+1.9pp

78.2%+6.4pp

80.3%+4.3pp

Annual return

11.05%

61.32%-50.3pp

64.81%-53.8pp

550.52%-539.5pp

Employer contribution / active EE

$1,327

$5,316-75.0%

$4,675-71.6%

$4,662-71.5%

Participant deferral / active EE

$2,421

$6,466-62.6%

$5,629-57.0%

$6,690-63.8%

Admin fee / account holder

$867

$19,327-95.5%

$15,923-94.6%

$13,400-93.5%

SPINE & NEURO PAIN SPECIALISTS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPINE & NEURO PAIN SPECIALISTS 401K 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