Retirement plan

EDGE FAMILY CHIROPRACTIC, P.A. 401(K) PLAN

Name: EDGE FAMILY CHIROPRACTIC, P.A. - EDGE FAMILY CHIROPRACTIC, P.A. 401(K) PLAN (2017) Form 5500
Creator: EDGE FAMILY CHIROPRACTIC, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGE FAMILY CHIROPRACTIC, P.A. 401(K) PLAN, EDGE FAMILY CHIROPRACTIC, P.A.

EDGE FAMILY CHIROPRACTIC, P.A.EIN 76-0721946Plan #001PY 2017

8124 PENSACOLA BOULEVARD - PENSACOLA, FL 32534850-476-7117LinkedIn11-50 employeesmedical practice

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$1.6M

+17.0% from 2016

Total participants

-25.0% from 2016

Average account balance

$324,191

+17.0% from 2016

Annual return

12.14%

+6.17 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$388K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+7.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2097

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 codes2E2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$324,191

$198,457+63.4%

$170,435+90.2%

$147,586+119.7%

Participation rate

50.0%

88.0%-38.0pp

83.6%-33.6pp

82.8%-32.8pp

Annual return

12.14%

257.30%-245.2pp

205.94%-193.8pp

578.59%-566.5pp

Employer contribution / active EE

$2,400

$6,183-61.2%

$5,432-55.8%

$4,876-50.8%

Participant deferral / active EE

$6,076

$5,629+7.9%

$4,939+23.0%

$5,439+11.7%

Admin fee / account holder

$16,852-100.0%

$13,881-100.0%

$10,886-100.0%

EDGE FAMILY CHIROPRACTIC, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

EDGE FAMILY CHIROPRACTIC, P.A. 401(K) 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