Retirement plan

DR. MONIKA'S FAMILY DENTAL, P.C. EMPLOYEES RETIREMENT PLAN

Name: DR. MONIKA'S FAMILY DENTAL, P.C. - DR. MONIKA'S FAMILY DENTAL, P.C. EMPLOYEES RETIREMENT PLAN (2019) Form 5500
Creator: DR. MONIKA'S FAMILY DENTAL, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DR. MONIKA'S FAMILY DENTAL, P.C. EMPLOYEES RETIREMENT PLAN, DR. MONIKA'S FAMILY DENTAL, P.C.

DR. MONIKA'S FAMILY DENTAL, P.C.EIN 81-4231111Plan #001PY 2019

25 CLINTON STREET - NEW BRITAIN, CT 06053860-223-6533

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$44K

+384.3% from 2018

Total participants

+33.3% from 2018

Average account balance

$14,689

+384.3% from 2018

Annual return

46.63%

+46.63 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$143K

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2F2G2J3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$14,689

$202,345-92.7%

$172,755-91.5%

$152,885-90.4%

Participation rate

75.0%

87.1%-12.1pp

82.6%-7.6pp

82.5%-7.5pp

Annual return

46.63%

1029.77%-983.1pp

802.94%-756.3pp

345.39%-298.8pp

Employer contribution / active EE

$2,119

$5,858-63.8%

$5,144-58.8%

$4,763-55.5%

Participant deferral / active EE

$5,563

$5,948-6.5%

$5,198+7.0%

$5,851-4.9%

Admin fee / account holder

$17,111-100.0%

$13,955-100.0%

$11,598-100.0%

DR. MONIKA'S FAMILY DENTAL, P.C. EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DR. MONIKA'S FAMILY DENTAL, P.C. EMPLOYEES RETIREMENT 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