Retirement plan

YEN-TSENG LAI, D. M. D. , MS, PC 401K PLAN

Name: YEN-TSENG LAI, D.M.D., MS, P.C. - YEN-TSENG LAI, D. M. D. , MS, PC 401K PLAN (2020) Form 5500
Creator: YEN-TSENG LAI, D.M.D., MS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YEN-TSENG LAI, D. M. D. , MS, PC 401K PLAN, YEN-TSENG LAI, D.M.D., MS, P.C.

YEN-TSENG LAI, D.M.D., MS, P.C.EIN 82-4065618Plan #001PY 2020

299 JUANA AVE. - SUITE C - SAN LEANDRO, CA 95477510-352-6266

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$442K

-32.5% from 2019

Total participants

+14.3% from 2019

Average account balance

$55,263

-40.9% from 2019

Annual return

17.21%

-2.32 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J

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.

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

$378K

$94479 / participant

Other / not subdivided$378K100.0%

% of EOY assets

85.481%

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

$55,263

$209,422-73.6%

$178,503-69.0%

$158,982-65.2%

Participation rate

100.0%

86.4%+13.6pp

81.9%+18.1pp

82.0%+18.0pp

Annual return

17.21%

188.81%-171.6pp

151.12%-133.9pp

302.99%-285.8pp

Employer contribution / active EE

$3,370

$5,707-41.0%

$5,011-32.8%

$4,763-29.2%

Participant deferral / active EE

$9,683

$5,955+62.6%

$5,202+86.1%

$5,983+61.8%

Admin fee / account holder

$47,240

$17,079+176.6%

$13,987+237.7%

$11,252+319.8%

YEN-TSENG LAI, D. M. D. , MS, PC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YEN-TSENG LAI, D. M. D. , MS, PC 401K 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