Retirement plan

SCOTT M. BLAKE, DDS, PC 401(K) PROFIT SHARING PLAN

Name: SCOTT M. BLAKE, DDS, PC - SCOTT M. BLAKE, DDS, PC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: SCOTT M. BLAKE, DDS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOTT M. BLAKE, DDS, PC 401(K) PROFIT SHARING PLAN, SCOTT M. BLAKE, DDS, PC

SCOTT M. BLAKE, DDS, PCEIN 73-1669223Plan #001PY 2022

333 S. WOODRUFF AVENUE - IDAHO FALLS, ID 83401208-523-2160

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-8.9% from 2021

Total participants

-12.5% from 2021

Average account balance

$219,454

+4.1% from 2021

Annual return

-12.53%

-25.69 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

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$203K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8167

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 codes2E2J

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.

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

$3218 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.047%

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

$219,454

$167,362+31.1%

$143,799+52.6%

$134,532+63.1%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-12.53%

0.47%-13.0pp

-0.04%-12.5pp

418.27%-430.8pp

Employer contribution / active EE

$3,909

$5,620-30.4%

$4,952-21.1%

$4,741-17.5%

Participant deferral / active EE

$8,248

$6,447+27.9%

$5,638+46.3%

$6,401+28.9%

Admin fee / account holder

$2,298

$18,094-87.3%

$14,677-84.3%

$11,429-79.9%

SCOTT M. BLAKE, DDS, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCOTT M. BLAKE, DDS, PC 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