Retirement plan

LORRAINE KOSZTYU, D.M.D., P.A. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Name: LORRAINE KOSZTYU, D.M.D., P.A. - LORRAINE KOSZTYU, D.M.D., P.A. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: LORRAINE KOSZTYU, D.M.D., P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LORRAINE KOSZTYU, D.M.D., P.A. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST, LORRAINE KOSZTYU, D.M.D., P.A.

LORRAINE KOSZTYU, D.M.D., P.A.EIN 80-0322975Plan #001PY 2024

82 FRANKLIN CORNER ROAD - LAWRENCEVILLE, NJ 08648609-896-1050LinkedIn1-10 employees

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.1M

+12.6% from 2023

Total participants

-25.0% from 2023

Average account balance

$382,558

+50.1% from 2023

Annual return

10.31%

-1.52 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$383K

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

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8950

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 codes2E2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$27K

$8950 / participant

Other / not subdivided$27K100.0%

% of EOY assets

2.340%

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

$382,558

$183,539+108.4%

$155,556+145.9%

$145,897+162.2%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

10.31%

61.31%-51.0pp

64.84%-54.5pp

552.29%-542.0pp

Employer contribution / active EE

$3,295

$5,315-38.0%

$4,675-29.5%

$4,663-29.3%

Participant deferral / active EE

$13,349

$6,467+106.4%

$5,631+137.1%

$6,689+99.6%

Admin fee / account holder

$8,950

$19,275-53.6%

$15,885-43.7%

$13,390-33.2%

LORRAINE KOSZTYU, D.M.D., P.A. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LORRAINE KOSZTYU, D.M.D., P.A. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

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