Retirement plan

SHAKIB CHIROPRACTIC, INC. 401(K) PLAN

Name: SHAKIB CHIROPRACTIC, INC. - SHAKIB CHIROPRACTIC, INC. 401(K) PLAN (2024) Form 5500
Creator: SHAKIB CHIROPRACTIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAKIB CHIROPRACTIC, INC. 401(K) PLAN, SHAKIB CHIROPRACTIC, INC.

SHAKIB CHIROPRACTIC, INC.EIN 46-3385081Plan #002PY 2024

15375 BARRANCA PKWY STE A104 - IRVINE, CA 926182203949-292-5233

Other plans on this EIN

1 filing

#001Retirement-$430K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$386K

+103.0% from 2023

Total participants

0.0% from 2023

Average account balance

$96,555

+103.0% from 2023

Annual return

83.85%

+78.08 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$515K

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+23.90%

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$3K

$866 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.897%

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

$96,555

$183,592-47.4%

$155,574-37.9%

$145,877-33.8%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

83.85%

61.37%+22.5pp

64.87%+19.0pp

551.28%-467.4pp

Employer contribution / active EE

$2,340

$5,317-56.0%

$4,676-49.9%

$4,663-49.8%

Participant deferral / active EE

$7,625

$6,466+17.9%

$5,629+35.5%

$6,691+14.0%

Admin fee / account holder

$866

$19,316-95.5%

$15,914-94.6%

$13,402-93.5%

SHAKIB CHIROPRACTIC, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAKIB CHIROPRACTIC, INC. 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