Retirement plan

EMPLOYEE BENEFIT PLAN OF SMILE DESIGN STUDIO OF HYDE PARK, LLC

Name: SMILE DESIGN STUDIO OF HYDE PARK, L - EMPLOYEE BENEFIT PLAN OF SMILE DESIGN STUDIO OF HYDE PARK, LLC (2024) Form 5500
Creator: SMILE DESIGN STUDIO OF HYDE PARK, L
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SMILE DESIGN STUDIO OF HYDE PARK, LLC, SMILE DESIGN STUDIO OF HYDE PARK, L

SMILE DESIGN STUDIO OF HYDE PARK, LEIN 46-1437989Plan #001PY 2024

1525 E 53RD ST STE 734 - CHICAGO, IL 606154575773-643-6006

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$951K

-60.3% from 2023

Total participants

-7.1% from 2023

Average account balance

$73,188

-60.3% from 2023

Annual return

13.89%

-6.36 pp from 2023

Benchmarks

See 6,255 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,255 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$951K

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141541

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 codes2F2G2T3D

Plan features

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.
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

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

$1.8M

$204448 / participant

Other / not subdivided$2M100.0%

% of EOY assets

193.395%

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

$73,188

$150,412-51.3%

$120,574-39.3%

$145,884-49.8%

Participation rate

100.0%

78.8%+21.2pp

71.9%+28.1pp

80.3%+19.7pp

Annual return

13.89%

154.50%-140.6pp

107.42%-93.5pp

551.85%-538.0pp

Employer contribution / active EE

$2,675

$4,355-38.6%

$3,471-22.9%

$4,662-42.6%

Participant deferral / active EE

$4,115

$6,175-33.4%

$4,996-17.6%

$6,690-38.5%

Admin fee / account holder

$141,541

$12,224+1057.9%

$9,445+1398.6%

$13,392+956.9%

EMPLOYEE BENEFIT PLAN OF SMILE DESIGN STUDIO OF HYDE PARK, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SMILE DESIGN STUDIO OF HYDE PARK, LLC

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