Retirement plan

CHRISTENSEN FAMILY ORTHODONTICS 401(K) PLAN

Name: RYANN MICHELLE CHRISTENSEN, DDS, MS, PC - CHRISTENSEN FAMILY ORTHODONTICS 401(K) PLAN (2022) Form 5500
Creator: RYANN MICHELLE CHRISTENSEN, DDS, MS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHRISTENSEN FAMILY ORTHODONTICS 401(K) PLAN, RYANN MICHELLE CHRISTENSEN, DDS, MS, PC

RYANN MICHELLE CHRISTENSEN, DDS, MS, PCEIN 82-3115495Plan #001PY 2022

1642 E. HERNDON AVENUE, #105 - FRESNO, CA 93720559-261-2055

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$337K

+26.6% from 2021

Total participants

+42.9% from 2021

Average account balance

$37,446

-1.6% from 2021

Annual return

0.47%

-32.30 pp from 2021

Benchmarks

See 105,966 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,966 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$630K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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

$112K

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

+14.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1560

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 codes2E2J2F2G2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$19K

$2768 / participant

Other / not subdivided$19K100.0%

% of EOY assets

5.749%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$37,446

$167,352-77.6%

$143,788-74.0%

$134,509-72.2%

Participation rate

85.7%

84.8%+0.9pp

80.3%+5.4pp

81.2%+4.5pp

Annual return

0.47%

0.47%0pp

-0.03%+0.5pp

418.13%-417.7pp

Employer contribution / active EE

$5,797

$5,620+3.2%

$4,952+17.1%

$4,741+22.3%

Participant deferral / active EE

$6,304

$6,447-2.2%

$5,638+11.8%

$6,400-1.5%

Admin fee / account holder

$2,153

$18,091-88.1%

$14,675-85.3%

$11,427-81.2%

CHRISTENSEN FAMILY ORTHODONTICS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHRISTENSEN FAMILY ORTHODONTICS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion