Retirement plan

ATLANTIC DENTAL CARE 401(K) PROFIT SHARING PLAN

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

ATLANTIC DENTAL CARE, PLCEIN 45-5402141Plan #001PY 2024

10245 IDLE PINE LN. - ESTERO, FL 34135757-523-0605atlanticdentalarts.comLinkedIn1-10 employeesmedical practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$89.2M

+17.4% from 2023

Total participants

1,066

+31.4% from 2023

Average account balance

$111,819

+13.3% from 2023

Annual return

13.96%

-2.77 pp from 2023

Benchmarks

See 4,134 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,134 peers

Snapshot2024

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Analytics

Total assets (EOY)

Plan-year ending balance

$89.23M

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.

798

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.

67.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.35M

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

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$261

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
WELLINGTON CONSULTING SERVICES, INC7 years Filed as: WELLINGTON CONSULTING SERVICE, INC. Service code 26 · EIN 54-1620949	Advisory (Participants)	$192,198
STEIGERWALD GORDON & KOCH4 years Service code 26 · EIN 54-1807695	Advisory (Participants)	$7,861
CHARLES SCHWAB & CO., INC.7 years Service code 33 · EIN 94-1737782	Securities brokerage; Shareholder ser...	$4,894
CORIENT PRIVATE WEALTH LLC1 year Service code 26 · EIN 88-0967642	Advisory (Participants)	$2,914
WELLINGTON TRUST COMPANY7 years Filed as: WELLINGTON RETIREMENT SOLUTIONS,INC Service code 15 · EIN 47-2725143	Recordkeeping	$2,470
CERITY PARTNERS2 years Filed as: CERITY PARTNERS LLC Service code 26 · EIN 27-1180831	Advisory (Participants)	$2,406

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$208K

$250 / participant

Investment mgmt$206K98.8%
Contract admin$2K1.2%

% of EOY assets

0.234%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ZUKERMAN & ASSOCIATES, LTD
Auditor EIN: 541244551
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,819

$50,820+120.0%

$155,567-28.1%

$77,671+44.0%

Participation rate

67.8%

63.1%+4.7pp

78.2%-10.4pp

70.6%-2.8pp

Annual return

13.96%

34.85%-20.9pp

64.74%-50.8pp

31.21%-17.2pp

Employer contribution / active EE

$4,745

$1,993+138.1%

$4,674+1.5%

$2,726+74.0%

Participant deferral / active EE

$4,078

$2,823+44.4%

$5,628-27.5%

$4,648-12.3%

Admin fee / account holder

$261

$436-40.1%

$15,916-98.4%

$430-39.3%

Provider

Service type

Compensation

WELLINGTON CONSULTING SERVICES, INC7 years

Filed as: WELLINGTON CONSULTING SERVICE, INC.

Service code 26 · EIN 54-1620949

Advisory (Participants)

$192,198

STEIGERWALD GORDON & KOCH4 years

Service code 26 · EIN 54-1807695

Advisory (Participants)

$7,861

CHARLES SCHWAB & CO., INC.7 years

Service code 33 · EIN 94-1737782

Securities brokerage; Shareholder ser...

$4,894

CORIENT PRIVATE WEALTH LLC1 year

Service code 26 · EIN 88-0967642

Advisory (Participants)

$2,914

WELLINGTON TRUST COMPANY7 years

Filed as: WELLINGTON RETIREMENT SOLUTIONS,INC

Service code 15 · EIN 47-2725143

Recordkeeping

$2,470

CERITY PARTNERS2 years

Filed as: CERITY PARTNERS LLC

Service code 26 · EIN 27-1180831

Advisory (Participants)

$2,406

ATLANTIC DENTAL CARE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATLANTIC DENTAL CARE 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