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 (2020) 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 2020

915 N MILWAUKEE AVE - LIBERTYVILLE, IL 60048847-362-9700

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$289K

+12.8% from 2019

Total participants

0.0% from 2019

Average account balance

$96,211

+12.8% from 2019

Annual return

-1.07%

-18.33 pp from 2019

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$96,211

$209,425-54.1%

$178,499-46.1%

$158,966-39.5%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

-1.07%

188.80%-189.9pp

151.10%-152.2pp

302.95%-304.0pp

Employer contribution / active EE

$2,252

$5,707-60.5%

$5,011-55.1%

$4,762-52.7%

Participant deferral / active EE

$9,600

$5,955+61.2%

$5,202+84.5%

$5,983+60.5%

Admin fee / account holder

$17,078-100.0%

$13,986-100.0%

$11,250-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

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

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion