Retirement plan

MIRTHA AMADOR, D.M.D., P.A. 401(K) RETIREMENT PLAN

Name: MIRTHA AMADOR, P.A. - MIRTHA AMADOR, D.M.D., P.A. 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: MIRTHA AMADOR, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIRTHA AMADOR, D.M.D., P.A. 401(K) RETIREMENT PLAN, MIRTHA AMADOR, P.A.

MIRTHA AMADOR, P.A.EIN 45-5462210Plan #001PY 2020

357 ALMERIA AVENUE, SUITE 105 - CORAL GABLES, FL 33134305-569-9001linkedin.com/company/mirtha-amador-ddsLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$567K

+12.0% from 2019

Total participants

+16.7% from 2019

Average account balance

$188,948

+12.0% from 2019

Annual return

8.12%

-8.24 pp from 2019

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$815K

Not enough data

1 years with asset history on file

Average account balance

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

$407K

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.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22K

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

+13.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$188,948

$209,425-9.8%

$178,499+5.9%

$158,966+18.9%

Participation rate

20.0%

86.4%-66.4pp

81.9%-61.9pp

82.0%-62.0pp

Annual return

8.12%

188.80%-180.7pp

151.10%-143.0pp

302.95%-294.8pp

Employer contribution / active EE

$695

$5,707-87.8%

$5,011-86.1%

$4,762-85.4%

Participant deferral / active EE

$3,220

$5,955-45.9%

$5,202-38.1%

$5,983-46.2%

Admin fee / account holder

$17,078-100.0%

$13,986-100.0%

$11,250-100.0%

MIRTHA AMADOR, D.M.D., P.A. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MIRTHA AMADOR, D.M.D., P.A. 401(K) RETIREMENT PLAN

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