Retirement plan

CARVER STAKIAS & MATHER, P.C. PROFIT SHARING PLAN

Name: KINGSPORT DENTISTRY, PC - CARVER STAKIAS & MATHER, P.C. PROFIT SHARING PLAN (2024) Form 5500
Creator: KINGSPORT DENTISTRY, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARVER STAKIAS & MATHER, P.C. PROFIT SHARING PLAN, KINGSPORT DENTISTRY, PC

KINGSPORT DENTISTRY, PCEIN 62-0811327Plan #001PY 2024

1203 WILCOX DRIVE - KINGSPORT, TN 37660423-247-5175kingsportdentistry.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+40.1% from 2023

Total participants

0.0% from 2023

Average account balance

$141,379

+40.1% from 2023

Annual return

33.15%

+26.86 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

$2.54M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+33.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$913

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

$16K

$1095 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.646%

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

$141,379

$183,516-23.0%

$155,534-9.1%

$145,884-3.1%

Participation rate

93.3%

82.7%+10.6pp

78.2%+15.1pp

80.3%+13.0pp

Annual return

33.15%

61.43%-28.3pp

64.92%-31.8pp

551.85%-518.7pp

Employer contribution / active EE

$2,955

$5,315-44.4%

$4,675-36.8%

$4,662-36.6%

Participant deferral / active EE

$5,472

$6,467-15.4%

$5,630-2.8%

$6,690-18.2%

Admin fee / account holder

$913

$19,293-95.3%

$15,900-94.3%

$13,392-93.2%

CARVER STAKIAS & MATHER, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARVER STAKIAS & MATHER, P.C. 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