Retirement plan

ANIMAL EYE CLINIC, PC 401(K) PROFIT SHARING PLAN

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

ANIMAL EYE CLINIC, PCEIN 75-2699731Plan #002PY 2022

5800 INTERSTATE 20 WEST, STE. 120 - ARLINGTON, TX 76017817-735-1123

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$113K

+36.3% from 2021

Total participants

+20.0% from 2021

Average account balance

$11,349

+36.3% from 2021

Annual return

-19.89%

-6.62 pp from 2021

Benchmarks

See 133,942 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,942 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$269K

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+5.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$503

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$11,349

$138,068-91.8%

$125,358-90.9%

$134,493-91.6%

Participation rate

77.8%

84.5%-6.7pp

82.4%-4.6pp

81.2%-3.4pp

Annual return

-19.89%

750.30%-770.2pp

572.03%-591.9pp

418.01%-437.9pp

Employer contribution / active EE

$2,539

$5,244-51.6%

$4,814-47.2%

$4,740-46.4%

Participant deferral / active EE

$2,659

$7,799-65.9%

$7,447-64.3%

$6,400-58.5%

Admin fee / account holder

$11,568-100.0%

$10,007-100.0%

$11,425-100.0%

ANIMAL EYE CLINIC, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ANIMAL EYE CLINIC, PC 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