Retirement plan

PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF CARL DANN, IV., D.D.S. P.A.

Name: CARL DANN, IV., D.D.S. P.A. - PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF CARL DANN, IV., D.D.S. P.A. (2024) Form 5500
Creator: CARL DANN, IV., D.D.S. P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF CARL DANN, IV., D.D.S. P.A., CARL DANN, IV., D.D.S. P.A.

CARL DANN, IV., D.D.S. P.A.EIN 59-1228642Plan #003PY 2024

2200 E ROBINSON STREET - ORLANDO, FL 32803407-894-3271LinkedIn11-50 employees

Prospect flagsHigh feesHigh assets / participantLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

+12.4% from 2023

Total participants

+11.1% from 2023

Average account balance

$318,758

+12.4% from 2023

Annual return

11.94%

-3.79 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.29M

Not enough data

1 years with asset history on file

Average account balance

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

$365K

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

$21K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4449

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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$10K

$1013 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.353%

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

$318,758

$183,516+73.7%

$155,534+104.9%

$145,884+118.5%

Participation rate

90.0%

82.7%+7.3pp

78.2%+11.8pp

80.3%+9.7pp

Annual return

11.94%

61.43%-49.5pp

64.92%-53.0pp

551.85%-539.9pp

Employer contribution / active EE

$1,100

$5,315-79.3%

$4,675-76.5%

$4,662-76.4%

Participant deferral / active EE

$1,136

$6,467-82.4%

$5,630-79.8%

$6,690-83.0%

Admin fee / account holder

$1,126

$19,293-94.2%

$15,900-92.9%

$13,392-91.6%

PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF CARL DANN, IV., D.D.S. P.A.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF CARL DANN, IV., D.D.S. P.A.

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