Retirement plan

WESTLAKE DENTAL ASSOCIATES 401(K) PROFIT SHARING PLAN

Name: SCOTT LUNDY, DDS, INC. DBA WESTLAKE DENTAL ASSOCIATES - WESTLAKE DENTAL ASSOCIATES 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: SCOTT LUNDY, DDS, INC. DBA WESTLAKE DENTAL ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTLAKE DENTAL ASSOCIATES 401(K) PROFIT SHARING PLAN, SCOTT LUNDY, DDS, INC. DBA WESTLAKE DENTAL ASSOCIATES

SCOTT LUNDY, DDS, INC. DBA WESTLAKE DENTAL ASSOCIATESEIN 82-3173299Plan #002PY 2018

176 AUBURN COURT, SUITE 5 - WESTLAKE VILLAGE, CA 91362805-496-4247

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$587K

No prior year

Total participants

No prior year

Average account balance

$58,735

No prior year

Annual return

-5.21%

No prior year

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1114

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 codes2D2E2F2J2L

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$583K

$116659 / participant

Other / not subdivided$583K100.0%

% of EOY assets

99.310%

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

$58,735

$180,459-67.5%

$154,108-61.9%

$135,380-56.6%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

-5.21%

888.21%-893.4pp

735.21%-740.4pp

519.81%-525.0pp

Employer contribution / active EE

$2,077

$6,035-65.6%

$5,298-60.8%

$4,779-56.5%

Participant deferral / active EE

$3,133

$5,806-46.0%

$5,081-38.3%

$5,609-44.1%

Admin fee / account holder

$58,329

$16,145+261.3%

$13,411+334.9%

$10,828+438.7%

WESTLAKE DENTAL ASSOCIATES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTLAKE DENTAL ASSOCIATES 401(K) PROFIT SHARING 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