Retirement plan

DANIEL V. YOUNG M.D., P.C. CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Name: DANIEL V. YOUNG, M.D., P.C. - DANIEL V. YOUNG M.D., P.C. CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN (2022) Form 5500
Creator: DANIEL V. YOUNG, M.D., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANIEL V. YOUNG M.D., P.C. CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN, DANIEL V. YOUNG, M.D., P.C.

DANIEL V. YOUNG, M.D., P.C.EIN 52-2358839Plan #001PY 2022

4530 CONNECTICUT AVE. , N.W. - WASHINGTON, DC 20008202-478-5139LinkedIn1-10 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$778K

+7.7% from 2021

Total participants

0.0% from 2021

Average account balance

$111,179

+7.7% from 2021

Annual return

-2.03%

+8.04 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$907K

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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

$80K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

-0.61%

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$35

$7 / participant

Other / not subdivided$35100.0%

% of EOY assets

0.004%

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

$111,179

$167,362-33.6%

$143,799-22.7%

$134,532-17.4%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-2.03%

0.47%-2.5pp

-0.04%-2.0pp

418.27%-420.3pp

Employer contribution / active EE

$8,716

$5,620+55.1%

$4,952+76.0%

$4,741+83.8%

Participant deferral / active EE

$5,400

$6,447-16.2%

$5,638-4.2%

$6,401-15.6%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

DANIEL V. YOUNG M.D., P.C. CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANIEL V. YOUNG M.D., P.C. CASH OR DEFERRED ARRANGEMENT 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