Retirement plan

JON R. THOGMARTIN, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Name: JON R. THOGMARTIN, M.D., P.A. - JON R. THOGMARTIN, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: JON R. THOGMARTIN, M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JON R. THOGMARTIN, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST, JON R. THOGMARTIN, M.D., P.A.

JON R. THOGMARTIN, M.D., P.A.EIN 59-3681958Plan #001PY 2017

10900 ULMERTON ROAD - LARGO, FL 33778727-582-6800LinkedIn1-10 employeesmedical practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$7.8M

+16.6% from 2016

Total participants

0.0% from 2016

Average account balance

$139,624

+16.6% from 2016

Annual return

10.11%

+1.17 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.24M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

145.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$892K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4541

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 codes2E2F2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$114K

$2374 / participant

Other / not subdivided$114K100.0%

% of EOY assets

1.458%

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

$139,624

$84,236+65.8%

$170,435-18.1%

$70,126+99.1%

Participation rate

95.8%

70.8%+25.0pp

83.6%+12.2pp

69.5%+26.3pp

Annual return

10.11%

23.06%-12.9pp

205.94%-195.8pp

73.15%-63.0pp

Employer contribution / active EE

$6,954

$3,387+105.3%

$5,432+28.0%

$2,343+196.9%

Participant deferral / active EE

$3,514

$3,086+13.9%

$4,939-28.9%

$3,332+5.5%

Admin fee / account holder

$2,035

$5,698-64.3%

$13,881-85.3%

$4,645-56.2%

JON R. THOGMARTIN, M.D., P.A. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JON R. THOGMARTIN, M.D., P.A. 401(K) 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