Retirement plan

TRAMEL AND BROWN 401(K) PROFIT SHARING PLAN

Name: MICHAEL T. TRAMEL, D.D.S. & MARY TISON BROWN, D.M.D., P.A. - TRAMEL AND BROWN 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: MICHAEL T. TRAMEL, D.D.S. & MARY TISON BROWN, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAMEL AND BROWN 401(K) PROFIT SHARING PLAN, MICHAEL T. TRAMEL, D.D.S. & MARY TISON BROWN, D.M.D., P.A.

MICHAEL T. TRAMEL, D.D.S. & MARY TISON BROWN, D.M.D., P.A.EIN 64-0869083Plan #001PY 2022

2525 LAKEWARD DRIVE, SUITE 102 - JACKSON, MS 39216601-982-7212

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$3.7M

-11.1% from 2021

Total participants

+16.7% from 2021

Average account balance

$263,099

-23.8% from 2021

Annual return

-14.28%

-31.65 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.45M

Not enough data

1 years with asset history on file

Average account balance

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

$430K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$162K

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

+20.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3114

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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$263,099

$167,362+57.2%

$143,799+83.0%

$134,532+95.6%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-14.28%

0.47%-14.8pp

-0.04%-14.2pp

418.27%-432.5pp

Employer contribution / active EE

$7,495

$5,620+33.4%

$4,952+51.3%

$4,741+58.1%

Participant deferral / active EE

$4,563

$6,447-29.2%

$5,638-19.1%

$6,401-28.7%

Admin fee / account holder

$18,094-100.0%

$14,677-100.0%

$11,429-100.0%

TRAMEL AND BROWN 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TRAMEL AND BROWN 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion