Retirement plan

OZARK DERMATOLOGY CLINIC, P. A. PROFIT SHARING & 401(K) PLAN

Name: OZARK DERMATOLOGY CLINIC, P.A. - OZARK DERMATOLOGY CLINIC, P. A. PROFIT SHARING & 401(K) PLAN (2024) Form 5500
Creator: OZARK DERMATOLOGY CLINIC, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OZARK DERMATOLOGY CLINIC, P. A. PROFIT SHARING & 401(K) PLAN, OZARK DERMATOLOGY CLINIC, P.A.

OZARK DERMATOLOGY CLINIC, P.A.EIN 71-0836130Plan #001PY 2024

4375 N VANTAGE DRIVE, SUITE #305 - FAYETTEVILLE, AR 72703479-443-5100

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.7M

+20.8% from 2023

Total participants

+37.3% from 2023

Average account balance

$181,202

-0.1% from 2023

Annual return

17.50%

-2.18 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.68M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

101.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$693K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4098

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 codes2E2F2G2J2R2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$332K

$4149 / participant

Other / not subdivided$332K100.0%

% of EOY assets

2.262%

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

$181,202

$81,358+122.7%

$155,556+16.5%

$80,959+123.8%

Participation rate

86.3%

66.3%+20.0pp

78.2%+8.0pp

67.7%+18.6pp

Annual return

17.50%

33.39%-15.9pp

64.84%-47.3pp

35.67%-18.2pp

Employer contribution / active EE

$4,359

$3,106+40.3%

$4,675-6.8%

$2,757+58.1%

Participant deferral / active EE

$4,303

$3,455+24.5%

$5,631-23.6%

$4,300+0.1%

Admin fee / account holder

$4,098

$7,994-48.7%

$15,885-74.2%

$6,925-40.8%

OZARK DERMATOLOGY CLINIC, P. A. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OZARK DERMATOLOGY CLINIC, P. A. PROFIT SHARING & 401(K) 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