Retirement plan

MARK B. WINNICK, D.D.S., P.A. AMENDED AND RESTATED 401K PROFIT SHARING PLAN

Name: MARK B, WINNICK, D.D.S., P.A. - MARK B. WINNICK, D.D.S., P.A. AMENDED AND RESTATED 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: MARK B, WINNICK, D.D.S., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARK B. WINNICK, D.D.S., P.A. AMENDED AND RESTATED 401K PROFIT SHARING PLAN, MARK B, WINNICK, D.D.S., P.A.

MARK B, WINNICK, D.D.S., P.A.EIN 52-1006213Plan #001PY 2017

803 RUSSELL AVENUE, SUITE 3-A - GAITHERSBURG, MD 20879301-926-8282

Prospect flagsHigh retiree %High fees

How to read this page

Total assets (EOY)

$544K

-27.5% from 2016

Total participants

+100.0% from 2016

Average account balance

$136,063

-63.8% from 2016

Annual return

9.13%

+4.01 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$150K

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-1.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3276

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 codes2E2H2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$47K

$47316 / participant

Other / not subdivided$47K100.0%

% of EOY assets

8.694%

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

$136,063

$198,461-31.4%

$170,436-20.2%

$147,585-7.8%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

9.13%

257.30%-248.2pp

205.94%-196.8pp

578.57%-569.4pp

Employer contribution / active EE

$6,184-100.0%

$5,433-100.0%

$4,876-100.0%

Participant deferral / active EE

$24,000

$5,629+326.3%

$4,939+385.9%

$5,439+341.3%

Admin fee / account holder

$11,829

$16,852-29.8%

$13,880-14.8%

$10,885+8.7%

MARK B. WINNICK, D.D.S., P.A. AMENDED AND RESTATED 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARK B. WINNICK, D.D.S., P.A. AMENDED AND RESTATED 401K 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