Retirement plan

DAVID W HONEY DMD PC 401(K) PROFIT SHARING PLAN AND TRUST

Name: DAVID W HONEY DMD PC - DAVID W HONEY DMD PC 401(K) PROFIT SHARING PLAN AND TRUST (2025) Form 5500
Creator: DAVID W HONEY DMD PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID W HONEY DMD PC 401(K) PROFIT SHARING PLAN AND TRUST, DAVID W HONEY DMD PC

DAVID W HONEY DMD PCEIN 80-0346479Plan #001PY 2025

1441 N MILWAUKEE - LIBERTYVILLE, IL 60048847-362-9700

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$491K

-9.7% from 2024

Total participants

-33.3% from 2024

Average account balance

$245,656

+35.5% from 2024

Annual return

10.50%

+2.08 pp from 2024

Benchmarks

See 45,380 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort45,380 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$491K

Not enough data

1 years with asset history on file

Average account balance

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

$246K

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

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$69984

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 codes2J2E

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

$140K

$69984 / participant

Other / not subdivided$140K100.0%

% of EOY assets

28.488%

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

$245,656

$185,312+32.6%

$161,489+52.1%

$154,746+58.7%

Participation rate

100.0%

82.5%+17.5pp

78.7%+21.3pp

80.7%+19.3pp

Annual return

10.50%

103.84%-93.3pp

89.72%-79.2pp

172.34%-161.8pp

Employer contribution / active EE

$2,675

$4,769-43.9%

$4,268-37.3%

$4,379-38.9%

Participant deferral / active EE

$12,425

$6,350+95.7%

$5,630+120.7%

$6,730+84.6%

Admin fee / account holder

$69,984

$18,654+275.2%

$16,006+337.2%

$14,365+387.2%

DAVID W HONEY DMD PC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID W HONEY DMD PC 401(K) PROFIT SHARING PLAN AND 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