Retirement plan

LUCACHICK DENTAL OFFICE PA PROFIT SHARING PLAN

Name: LUCACHICK DENTAL OFFICE PA - LUCACHICK DENTAL OFFICE PA PROFIT SHARING PLAN (2021) Form 5500
Creator: LUCACHICK DENTAL OFFICE PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUCACHICK DENTAL OFFICE PA PROFIT SHARING PLAN, LUCACHICK DENTAL OFFICE PA

LUCACHICK DENTAL OFFICE PAEIN 81-0404769Plan #002PY 2021

501 3RD ST - INTERNATIONAL FALLS, MN 566492305LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+15.9% from 2020

Total participants

+11.1% from 2020

Average account balance

$323,929

+4.3% from 2020

Annual return

12.02%

-1.31 pp from 2020

Benchmarks

See 351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.71M

Not enough data

1 years with asset history on file

Average account balance

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

$412K

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

$122K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+8.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7383

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 codes2E2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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

$323,929

$299,959+8.0%

$185,851+74.3%

Participation rate

0.0%

61.2%-61.2pp

81.7%-81.7pp

Annual return

12.02%

9.80%+2.2pp

122.11%-110.1pp

Employer contribution / active EE

$1,731-100.0%

$5,168-100.0%

Participant deferral / active EE

$2,385-100.0%

$5,569-100.0%

Admin fee / account holder

$47,864-100.0%

$16,245-100.0%

LUCACHICK DENTAL OFFICE PA PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LUCACHICK DENTAL OFFICE PA PROFIT SHARING 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