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 (2022) 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 2022

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$467K

-14.5% from 2021

Total participants

+14.3% from 2021

Average account balance

$58,343

-25.2% from 2021

Annual return

-26.88%

-44.10 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

$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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$58,343

$167,353-65.1%

$143,797-59.4%

$134,545-56.6%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-26.88%

0.48%-27.4pp

-0.04%-26.8pp

418.37%-445.3pp

Employer contribution / active EE

$2,868

$5,620-49.0%

$4,952-42.1%

$4,742-39.5%

Participant deferral / active EE

$8,359

$6,447+29.7%

$5,638+48.3%

$6,401+30.6%

Admin fee / account holder

$18,096-100.0%

$14,679-100.0%

$11,431-100.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

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