Retirement plan

BLOSSOM CARE PHARMACY LLC 401K PLAN

Name: BLOSSOM CARE PHARMACY LLC - BLOSSOM CARE PHARMACY LLC 401K PLAN (2023) Form 5500
Creator: BLOSSOM CARE PHARMACY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLOSSOM CARE PHARMACY LLC 401K PLAN, BLOSSOM CARE PHARMACY LLC

BLOSSOM CARE PHARMACY LLCEIN 47-4661534Plan #002PY 2023

5250 AUTO CLUB DR STE 160 - DEARBORN, MI 48126313-436-5513LinkedIn1-10 employeescosmetics

Other plans on this EIN

1 filing

#001Retirement-$525K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$76K

+15.6% from 2022

Total participants

-33.3% from 2022

Average account balance

$38,158

+73.3% from 2022

Annual return

12.62%

+31.22 pp from 2022

Benchmarks

See 22,148 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,148 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$105K

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+8.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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 codes2E2J3D

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.
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

$29K

$29062 / participant

Other / not subdivided$29K100.0%

% of EOY assets

38.081%

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

$38,158

$102,696-62.8%

$86,235-55.8%

$139,487-72.6%

Participation rate

100.0%

74.5%+25.5pp

69.0%+31.0pp

80.3%+19.7pp

Annual return

12.62%

1925.91%-1913.3pp

1170.03%-1157.4pp

373.84%-361.2pp

Employer contribution / active EE

$8,506

$3,034+180.4%

$2,381+257.2%

$4,755+78.9%

Participant deferral / active EE

$22,500

$4,679+380.9%

$3,987+464.4%

$6,713+235.2%

Admin fee / account holder

$14,531

$8,667+67.7%

$6,856+112.0%

$11,407+27.4%

BLOSSOM CARE PHARMACY LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLOSSOM CARE PHARMACY LLC 401K 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