Retirement plan

RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC 401(K) PLAN

Name: RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC - RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC 401(K) PLAN (2023) Form 5500
Creator: RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC 401(K) PLAN, RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC

RIVERWOODS CHIROPRACTIC & MASSAGE, PLLCEIN 45-3633701Plan #001PY 2023

820 OCEAN BEACH HWY, SUITE 116 - LONGVIEW, WA 98632360-414-3220riverwoodschiropractic.comLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$445K

+57.0% from 2022

Total participants

+29.4% from 2022

Average account balance

$29,685

+57.0% from 2022

Annual return

23.96%

+44.65 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$808K

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

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

+19.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4367

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 codes2E2F2G2J2T3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$221 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.794%

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

$29,685

$175,259-83.1%

$149,723-80.2%

$139,487-78.7%

Participation rate

56.3%

83.4%-27.1pp

78.8%-22.5pp

80.3%-24.1pp

Annual return

23.96%

166.82%-142.9pp

134.50%-110.5pp

373.84%-349.9pp

Employer contribution / active EE

$1,170

$5,478-78.6%

$4,821-75.7%

$4,755-75.4%

Participant deferral / active EE

$4,685

$6,522-28.2%

$5,682-17.6%

$6,713-30.2%

Admin fee / account holder

$236

$16,158-98.5%

$13,215-98.2%

$11,407-97.9%

RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIVERWOODS CHIROPRACTIC & MASSAGE, PLLC 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