Retirement plan

BRIAN K. HUTTO, DMD, INC. 401(K) PROFIT SHARING PLAN

Name: MODESTO ORAL SURGERY DENTAL PRACTICE - BRIAN K. HUTTO, DMD, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: MODESTO ORAL SURGERY DENTAL PRACTICE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIAN K. HUTTO, DMD, INC. 401(K) PROFIT SHARING PLAN, MODESTO ORAL SURGERY DENTAL PRACTICE

MODESTO ORAL SURGERY DENTAL PRACTICEEIN 81-1019341Plan #001PY 2023

1213 COFFEE ROAD, SUITE D - MODESTO, CA 95355209-522-5238

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$983K

+32.7% from 2022

Total participants

0.0% from 2022

Average account balance

$81,909

+32.7% from 2022

Annual return

12.32%

+22.69 pp from 2022

Benchmarks

See 108,045 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort108,045 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

155.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+11.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$641

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 codes2E2J3D

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.
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

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

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

$81,909

$175,257-53.3%

$149,717-45.3%

$139,456-41.3%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

12.32%

166.70%-154.4pp

134.41%-122.1pp

373.45%-361.1pp

Employer contribution / active EE

$10,329

$5,477+88.6%

$4,820+114.3%

$4,753+117.3%

Participant deferral / active EE

$8,569

$6,521+31.4%

$5,682+50.8%

$6,711+27.7%

Admin fee / account holder

$16,156-100.0%

$13,213-100.0%

$11,407-100.0%

BRIAN K. HUTTO, DMD, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BRIAN K. HUTTO, DMD, INC. 401(K) 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