Retirement plan

ADVANCED DERMATOLOGY 401(K) PLAN

Name: ADVANCED DERMATOLOGY & SKIN CANCER ASSO., PLLC - ADVANCED DERMATOLOGY 401(K) PLAN (2018) Form 5500
Creator: ADVANCED DERMATOLOGY & SKIN CANCER ASSO., PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED DERMATOLOGY 401(K) PLAN, ADVANCED DERMATOLOGY & SKIN CANCER ASSO., PLLC

ADVANCED DERMATOLOGY & SKIN CANCER ASSO., PLLCEIN 83-0505864Plan #001PY 2018

7658 POPLAR PIKE - GERMANTOWN, TN 38138901-759-2322advanceddermatologymemphis.comLinkedIn1-10 employeesmedical practice

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$175K

+127.1% from 2017

Total participants

+12.1% from 2017

Average account balance

$19,497

+101.9% from 2017

Annual return

-18.85%

-18.85 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$619K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

34.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10942

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 codes2F2G2J2T3D

Plan features

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$72 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.524%

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

$19,497

$75,962-74.3%

$154,108-87.3%

$64,173-69.6%

Participation rate

24.3%

70.4%-46.1pp

83.0%-58.7pp

69.6%-45.2pp

Annual return

-18.85%

30.32%-49.2pp

735.21%-754.1pp

7.63%-26.5pp

Employer contribution / active EE

$1,126

$3,350-66.4%

$5,298-78.7%

$2,381-52.7%

Participant deferral / active EE

$1,923

$3,175-39.4%

$5,081-62.2%

$3,470-44.6%

Admin fee / account holder

$297

$5,589-94.7%

$13,411-97.8%

$4,887-93.9%

ADVANCED DERMATOLOGY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANCED DERMATOLOGY 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