Retirement plan

SOUTH VALLEY ORAL AND FACIAL SURGERY 401-K PROFIT SHARING PLAN

Name: SOUTH VALLEY ORAL AND FACIAL SURGERY - SOUTH VALLEY ORAL AND FACIAL SURGERY 401-K PROFIT SHARING PLAN (2020) Form 5500
Creator: SOUTH VALLEY ORAL AND FACIAL SURGERY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH VALLEY ORAL AND FACIAL SURGERY 401-K PROFIT SHARING PLAN, SOUTH VALLEY ORAL AND FACIAL SURGERY

SOUTH VALLEY ORAL AND FACIAL SURGERYEIN 84-3167485Plan #001PY 2020

7880 WREN AVENUE, SUITE E-152 - GILROY, CA 95020408-847-6725svofs.comLinkedIn1-10 employees

Prospect flagsHigh feesLow participationLow assets / participant

How to read this page

Total assets (EOY)

$308K

No prior year

Total participants

No prior year

Average account balance

$25,680

No prior year

Annual return

7.21%

No prior year

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$481K

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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

$43K

Not enough data

1 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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5814

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 codes2E2F2G2J3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$148K

$13492 / participant

Other / not subdivided$148K100.0%

% of EOY assets

48.162%

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

$25,680

$209,425-87.7%

$178,499-85.6%

$158,966-83.8%

Participation rate

54.5%

86.4%-31.8pp

81.9%-27.4pp

82.0%-27.4pp

Annual return

7.21%

188.80%-181.6pp

151.10%-143.9pp

302.95%-295.7pp

Employer contribution / active EE

$1,207

$5,707-78.8%

$5,011-75.9%

$4,762-74.6%

Participant deferral / active EE

$2,497

$5,955-58.1%

$5,202-52.0%

$5,983-58.3%

Admin fee / account holder

$12,368

$17,078-27.6%

$13,986-11.6%

$11,250+9.9%

SOUTH VALLEY ORAL AND FACIAL SURGERY 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH VALLEY ORAL AND FACIAL SURGERY 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