Retirement plan

KENNETH E. BEARD, D.D.S., P.C. 401(K) PROFIT SHARING PLAN

Name: KENNETH E. BEARD, D.D.S., P.C. - KENNETH E. BEARD, D.D.S., P.C. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: KENNETH E. BEARD, D.D.S., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENNETH E. BEARD, D.D.S., P.C. 401(K) PROFIT SHARING PLAN, KENNETH E. BEARD, D.D.S., P.C.

KENNETH E. BEARD, D.D.S., P.C.EIN 62-1173856Plan #002PY 2018

415 25TH STREET, NORTHWEST - CLEVELAND, TN 37311423-476-6541

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

-6.8% from 2017

Total participants

+7.7% from 2017

Average account balance

$215,414

-6.8% from 2017

Annual return

-8.50%

-25.49 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.77M

Not enough data

1 years with asset history on file

Average account balance

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

$397K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$152K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15054

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 codes2F2H

Plan features

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).
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.

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

$90K

$6432 / participant

Other / not subdivided$90K100.0%

% of EOY assets

3.800%

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

$215,414

$180,459+19.4%

$154,108+39.8%

$135,380+59.1%

Participation rate

78.6%

87.4%-8.9pp

83.0%-4.5pp

82.6%-4.1pp

Annual return

-8.50%

888.21%-896.7pp

735.21%-743.7pp

519.81%-528.3pp

Employer contribution / active EE

$2,728

$6,035-54.8%

$5,298-48.5%

$4,779-42.9%

Participant deferral / active EE

$6,807

$5,806+17.2%

$5,081+34.0%

$5,609+21.4%

Admin fee / account holder

$8,186

$16,145-49.3%

$13,411-39.0%

$10,828-24.4%

KENNETH E. BEARD, D.D.S., P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENNETH E. BEARD, D.D.S., P.C. 401(K) 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