Retirement plan

CHRISTOPHER C. POTTS, D.M.D., P.A. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: CHRISTOPHER C. POTTS, D.M.D., P.A. - CHRISTOPHER C. POTTS, D.M.D., P.A. EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2021) Form 5500
Creator: CHRISTOPHER C. POTTS, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHRISTOPHER C. POTTS, D.M.D., P.A. EMPLOYEES' PROFIT SHARING PLAN AND TRUST, CHRISTOPHER C. POTTS, D.M.D., P.A.

CHRISTOPHER C. POTTS, D.M.D., P.A.EIN 56-0986202Plan #002PY 2021

2300 WAYNE MEMORIAL DR., STE. C - GOLDSBORO, NC 275341747919-735-5999

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$759K

+28.3% from 2020

Total participants

+10.0% from 2020

Average account balance

$69,040

+16.6% from 2020

Annual return

12.38%

+5.91 pp from 2020

Benchmarks

See 103,184 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,184 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1019

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

$9K

$961 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.139%

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

$69,040

$217,432-68.2%

$185,849-62.9%

$167,536-58.8%

Participation rate

100.0%

86.1%+13.9pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

12.38%

148.42%-136.0pp

122.10%-109.7pp

478.82%-466.4pp

Employer contribution / active EE

$7,584

$5,875+29.1%

$5,169+46.7%

$4,839+56.7%

Participant deferral / active EE

$3,178

$6,357-50.0%

$5,569-42.9%

$6,342-49.9%

Admin fee / account holder

$786

$19,818-96.0%

$16,244-95.2%

$12,315-93.6%

CHRISTOPHER C. POTTS, D.M.D., P.A. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHRISTOPHER C. POTTS, D.M.D., P.A. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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