Retirement plan

ORTHODONTIC GROUP OF THE FINGERLAKES PLLC 401K PROFIT SHARING PLAN

Name: ORTHODONTIC GROUP OF THE FINGERLAKES PLLC - ORTHODONTIC GROUP OF THE FINGERLAKES PLLC 401K PROFIT SHARING PLAN (2022) Form 5500
Creator: ORTHODONTIC GROUP OF THE FINGERLAKES PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHODONTIC GROUP OF THE FINGERLAKES PLLC 401K PROFIT SHARING PLAN, ORTHODONTIC GROUP OF THE FINGERLAKES PLLC

ORTHODONTIC GROUP OF THE FINGERLAKES PLLCEIN 82-3217811Plan #001PY 2022

4981 W. GENESEE STREET - CAMILLUS, NY 13031607-272-3921delightfulsmiles.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$148K

-28.0% from 2021

Total participants

+40.0% from 2021

Average account balance

$21,139

-48.6% from 2021

Annual return

-16.82%

-33.48 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$149K

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-0.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23

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 codes2E2F2J3D

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).
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

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

$43K

$10674 / participant

Other / not subdivided$43K100.0%

% of EOY assets

28.853%

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

$21,139

$167,353-87.4%

$143,797-85.3%

$134,545-84.3%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-16.82%

0.48%-17.3pp

-0.04%-16.8pp

418.37%-435.2pp

Employer contribution / active EE

$1,488

$5,620-73.5%

$4,952-70.0%

$4,742-68.6%

Participant deferral / active EE

$3,017

$6,447-53.2%

$5,638-46.5%

$6,401-52.9%

Admin fee / account holder

$6,099

$18,096-66.3%

$14,679-58.4%

$11,431-46.6%

ORTHODONTIC GROUP OF THE FINGERLAKES PLLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHODONTIC GROUP OF THE FINGERLAKES PLLC 401K 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