Retirement plan

G MICHAEL LOPEZ, M.D. SELF EMPLOYED PROFIT SHARING PLAN

Name: G MICHAEL LOPEZ MD - G MICHAEL LOPEZ, M.D. SELF EMPLOYED PROFIT SHARING PLAN (2017) Form 5500
Creator: G MICHAEL LOPEZ MD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G MICHAEL LOPEZ, M.D. SELF EMPLOYED PROFIT SHARING PLAN, G MICHAEL LOPEZ MD

G MICHAEL LOPEZ MDEIN 85-0305634Plan #001PY 2017

105 MILLS AVE STE 300 - LAS VEGAS, NM 87701505-425-9311LinkedIn1-10 employeesmedical practice

Prospect flagsHigh assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$5.8M

+25.2% from 2016

Total participants

+20.0% from 2016

Average account balance

$1,164,786

+0.2% from 2016

Annual return

23.83%

+15.81 pp from 2016

Benchmarks

See 106,905 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,905 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.92M

Not enough data

1 years with asset history on file

Average account balance

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

$3.3M

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.

37.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109089

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 codes2E2F2G2J2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$1,164,786

$198,462+486.9%

$170,439+583.4%

$147,585+689.2%

Participation rate

80.0%

88.0%-8.0pp

83.6%-3.6pp

82.8%-2.8pp

Annual return

23.83%

257.30%-233.5pp

205.94%-182.1pp

578.58%-554.8pp

Employer contribution / active EE

$13,523

$6,184+118.7%

$5,433+148.9%

$4,876+177.3%

Participant deferral / active EE

-$400

$5,629-107.1%

$4,939-108.1%

$5,439-107.4%

Admin fee / account holder

$16,852-100.0%

$13,881-100.0%

$10,886-100.0%

G MICHAEL LOPEZ, M.D. SELF EMPLOYED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

G MICHAEL LOPEZ, M.D. SELF EMPLOYED PROFIT SHARING 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