Retirement plan

RICHARD B. KNIGHT, D.D.S., M.S., INC. PROFIT SHARING 401(K) PLAN

Name: RICHARD B. KNIGHT, D.D.S., M.S., INC. - RICHARD B. KNIGHT, D.D.S., M.S., INC. PROFIT SHARING 401(K) PLAN (2024) Form 5500
Creator: RICHARD B. KNIGHT, D.D.S., M.S., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICHARD B. KNIGHT, D.D.S., M.S., INC. PROFIT SHARING 401(K) PLAN, RICHARD B. KNIGHT, D.D.S., M.S., INC.

RICHARD B. KNIGHT, D.D.S., M.S., INC.EIN 84-3624654Plan #001PY 2024

2520 DOUGLAS BOULEVARD, SUITE 130 - ROSEVILLE, CA 95661916-782-2278

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$341K

+41.9% from 2023

Total participants

+16.7% from 2023

Average account balance

$56,829

+41.9% from 2023

Annual return

12.78%

-6.63 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$341K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$459

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$3K

$394 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.808%

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

$56,829

$183,539-69.0%

$155,556-63.5%

$145,897-61.0%

Participation rate

85.7%

82.7%+3.0pp

78.2%+7.5pp

80.3%+5.4pp

Annual return

12.78%

61.31%-48.5pp

64.84%-52.1pp

552.29%-539.5pp

Employer contribution / active EE

$1,891

$5,315-64.4%

$4,675-59.6%

$4,663-59.4%

Participant deferral / active EE

$8,106

$6,467+25.4%

$5,631+44.0%

$6,689+21.2%

Admin fee / account holder

$459

$19,275-97.6%

$15,885-97.1%

$13,390-96.6%

RICHARD B. KNIGHT, D.D.S., M.S., INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICHARD B. KNIGHT, D.D.S., M.S., INC. PROFIT SHARING 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