Retirement plan

CHARLES S. ADAMS, O.D., A.P.C. PROFIT SHARING PLAN

Name: CHARLES S. ADAMS, O.D., A.P.C. - CHARLES S. ADAMS, O.D., A.P.C. PROFIT SHARING PLAN (2020) Form 5500
Creator: CHARLES S. ADAMS, O.D., A.P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLES S. ADAMS, O.D., A.P.C. PROFIT SHARING PLAN, CHARLES S. ADAMS, O.D., A.P.C.

CHARLES S. ADAMS, O.D., A.P.C.EIN 72-1433800Plan #001PY 2020

1911 BENTON ROAD, SUITE C - BOSSIER CITY, LA 71111318-742-4012

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+14.7% from 2019

Total participants

+12.5% from 2019

Average account balance

$223,849

+0.4% from 2019

Annual return

11.03%

-4.63 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.79M

Not enough data

1 years with asset history on file

Average account balance

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

$298K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+16.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2268

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

$24K

$2940 / participant

Other / not subdivided$24K100.0%

% of EOY assets

1.313%

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

$223,849

$209,428+6.9%

$178,498+25.4%

$158,950+40.8%

Participation rate

87.5%

86.4%+1.1pp

81.9%+5.6pp

82.0%+5.5pp

Annual return

11.03%

188.78%-177.8pp

151.09%-140.1pp

302.91%-291.9pp

Employer contribution / active EE

$3,172

$5,707-44.4%

$5,011-36.7%

$4,762-33.4%

Participant deferral / active EE

$5,316

$5,955-10.7%

$5,202+2.2%

$5,983-11.1%

Admin fee / account holder

$2,940

$17,077-82.8%

$13,985-79.0%

$11,248-73.9%

CHARLES S. ADAMS, O.D., A.P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLES S. ADAMS, O.D., A.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