Retirement plan

DR.TERRY MILLER PROFIT SHARING PLAN

Name: DR. BRIANTERRY MILLER ALLERGY & ASTHMA CLINIC OF CENTRAL TEX - DR.TERRY MILLER PROFIT SHARING PLAN (2020) Form 5500
Creator: DR. BRIANTERRY MILLER ALLERGY & ASTHMA CLINIC OF CENTRAL TEX
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DR.TERRY MILLER PROFIT SHARING PLAN, DR. BRIANTERRY MILLER ALLERGY & ASTHMA CLINIC OF CENTRAL TEX

DR. BRIANTERRY MILLER ALLERGY & ASTHMA CLINIC OF CENTRAL TEXEIN 59-3058808Plan #001PY 2020

508 LEANDER RD. - GEORGETOWN, TX 78626512-388-1861LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+7.9% from 2019

Total participants

+4.8% from 2019

Average account balance

$44,577

+3.0% from 2019

Annual return

12.28%

-5.89 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.61M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

195.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$118K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9698

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 codes2E2H2J3D

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.
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

$186K

$5177 / participant

Other / not subdivided$186K100.0%

% of EOY assets

9.502%

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

$44,577

$91,179-51.1%

$178,499-75.0%

$79,852-44.2%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

12.28%

24.19%-11.9pp

151.10%-138.8pp

31.72%-19.4pp

Employer contribution / active EE

$815

$3,256-75.0%

$5,011-83.7%

$2,471-67.0%

Participant deferral / active EE

$2,135

$3,236-34.0%

$5,202-59.0%

$3,740-42.9%

Admin fee / account holder

$4,236

$6,749-37.2%

$13,986-69.7%

$5,306-20.2%

DR.TERRY MILLER PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DR.TERRY MILLER 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