Retirement plan

TIMOTHY S. GULDEMOND, D.D.S., P.C. 401(K) PSP

Name: TIMOTHY S. GULDEMOND, D.D.S., P.C. - TIMOTHY S. GULDEMOND, D.D.S., P.C. 401(K) PSP (2020) Form 5500
Creator: TIMOTHY S. GULDEMOND, D.D.S., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIMOTHY S. GULDEMOND, D.D.S., P.C. 401(K) PSP, TIMOTHY S. GULDEMOND, D.D.S., P.C.

TIMOTHY S. GULDEMOND, D.D.S., P.C.EIN 81-0576238Plan #001PY 2020

143 STATE STREET, SUITE 1 - NEWBURYPORT, MA 01950LinkedIn1-10 employeesmedical practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.9M

+23.2% from 2019

Total participants

-23.1% from 2019

Average account balance

-100.0% from 2019

Annual return

17.53%

-8.66 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

$2.44M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29747

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 codes2E2G2J3D2T

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$209,425-100.0%

$178,499-100.0%

$158,966-100.0%

Participation rate

0.0%

86.4%-86.4pp

81.9%-81.9pp

82.0%-82.0pp

Annual return

17.53%

188.80%-171.3pp

151.10%-133.6pp

302.95%-285.4pp

Employer contribution / active EE

$2,173

$5,707-61.9%

$5,011-56.6%

$4,762-54.4%

Participant deferral / active EE

$6,674

$5,955+12.1%

$5,202+28.3%

$5,983+11.5%

Admin fee / account holder

$17,078-100.0%

$13,986-100.0%

$11,250-100.0%

TIMOTHY S. GULDEMOND, D.D.S., P.C. 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TIMOTHY S. GULDEMOND, D.D.S., P.C. 401(K) PSP

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