Retirement plan

THOMAS M. MAJOR, D.M.D., P.A. PROFIT SHARING PLAN

Name: THOMAS M. MAJOR, D.M.D., P.A. - THOMAS M. MAJOR, D.M.D., P.A. PROFIT SHARING PLAN (2016) Form 5500
Creator: THOMAS M. MAJOR, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMAS M. MAJOR, D.M.D., P.A. PROFIT SHARING PLAN, THOMAS M. MAJOR, D.M.D., P.A.

THOMAS M. MAJOR, D.M.D., P.A.EIN 76-0715907Plan #001PY 2016

3515 BUSH RIVER ROAD - COLUMBIA, SC 29210803-798-0344

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$627K

+12.1% from 2015

Total participants

0.0% from 2015

Average account balance

$156,847

+12.1% from 2015

Annual return

6.48%

+8.30 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.61M

Not enough data

1 years with asset history on file

Average account balance

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

$403K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$204

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

$11K

$2813 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.793%

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

$156,847

$181,896-13.8%

$156,551+0.2%

$273,972-42.8%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

6.48%

30.74%-24.3pp

32.23%-25.7pp

41.46%-35.0pp

Employer contribution / active EE

$2,452

$6,248-60.8%

$5,501-55.4%

$4,869-49.6%

Participant deferral / active EE

$8,243

$5,550+48.5%

$4,871+69.2%

$5,287+55.9%

Admin fee / account holder

$2,813

$15,560-81.9%

$13,028-78.4%

$10,133-72.2%

THOMAS M. MAJOR, D.M.D., P.A. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMAS M. MAJOR, D.M.D., P.A. 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