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 (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

-8.0% from 2021

Total participants

+14.3% from 2021

Average account balance

$233,843

-31.0% from 2021

Annual return

-11.72%

-24.95 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

$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

$16K

$2036 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.871%

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

$233,843

$167,362+39.7%

$143,799+62.6%

$134,532+73.8%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-11.72%

0.47%-12.2pp

-0.04%-11.7pp

418.27%-430.0pp

Employer contribution / active EE

$3,782

$5,620-32.7%

$4,952-23.6%

$4,741-20.2%

Participant deferral / active EE

$5,746

$6,447-10.9%

$5,638+1.9%

$6,401-10.2%

Admin fee / account holder

$2,036

$18,094-88.7%

$14,677-86.1%

$11,429-82.2%

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