Retirement plan

MITCHELL R. LEVINE,D.M.D., P.A. D/B/A NORTH FLORIDA ORTHODONTICS PROFIT SHARING PLAN

Name: MITCHELL R. LEVINE, D.M.D., P.A. - MITCHELL R. LEVINE,D.M.D., P.A. D/B/A NORTH FLORIDA ORTHODONTICS PROFIT SHARING PLAN (2023) Form 5500
Creator: MITCHELL R. LEVINE, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MITCHELL R. LEVINE,D.M.D., P.A. D/B/A NORTH FLORIDA ORTHODONTICS PROFIT SHARING PLAN, MITCHELL R. LEVINE, D.M.D., P.A.

MITCHELL R. LEVINE, D.M.D., P.A.EIN 59-3622663Plan #002PY 2023

3600 CARDINAL POINT DR - JACKSONVILLE, FL 32257904-737-4626

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$672K

+27.2% from 2022

Total participants

+7.1% from 2022

Average account balance

$47,996

+27.2% from 2022

Annual return

13.52%

+24.62 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$926K

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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

$7K

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

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3237

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$4K

$373 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.610%

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

$47,996

$175,231-72.6%

$149,696-67.9%

$139,466-65.6%

Participation rate

90.9%

83.4%+7.5pp

78.8%+12.1pp

80.3%+10.6pp

Annual return

13.52%

166.77%-153.3pp

134.46%-120.9pp

373.66%-360.1pp

Employer contribution / active EE

$2,190

$5,478-60.0%

$4,821-54.6%

$4,754-53.9%

Participant deferral / active EE

$4,375

$6,521-32.9%

$5,682-23.0%

$6,712-34.8%

Admin fee / account holder

$293

$16,155-98.2%

$13,212-97.8%

$11,409-97.4%

MITCHELL R. LEVINE,D.M.D., P.A. D/B/A NORTH FLORIDA ORTHODONTICS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MITCHELL R. LEVINE,D.M.D., P.A. D/B/A NORTH FLORIDA ORTHODONTICS 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