Retirement plan

ABSOLUTE DENTAL GROUP, LLC 401(K) PLAN

Name: ABSOLUTE DENTAL GROUP, LLC - ABSOLUTE DENTAL GROUP, LLC 401(K) PLAN (2023) Form 5500
Creator: ABSOLUTE DENTAL GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABSOLUTE DENTAL GROUP, LLC 401(K) PLAN, ABSOLUTE DENTAL GROUP, LLC

ABSOLUTE DENTAL GROUP, LLCEIN 85-2073499Plan #001PY 2023

8370 W. CHEYENNE AVENUE, SUITE 103 - LAS VEGAS, NV 89129702-291-2031LinkedIn1-10 employeesmedical practice

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$6.9M

+36.2% from 2022

Total participants

702

-0.1% from 2022

Average account balance

$12,736

+27.0% from 2022

Annual return

20.39%

+37.84 pp from 2022

Benchmarks

See 4,042 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,042 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$10.50M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

576

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.

80.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$138

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

1 years with F_SCH_H allocation on file

See the 6-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$19,928
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Service code 27 PO BOX 735399 · DALLAS, TX 753735399	Advisory (Plan)	$19,825
RESOURCES INVESTMENT ADVISORS LLC3 years Filed as: RESOURCES INVESTMENT ADVISORS, LLC Service code 28 4860 COLLEGE BLVD SUITE 100 · OVERLAND PARK, KS 66211	Investment Management	$7,592
LOREN D. STARK COMPANY1 year Filed as: LOREN D STARK COMPANY Service code 13 10750 ROCKLEY ROAD · HOUSTON, TX 77099	Contract Administrator	$4,395
LEBENSON ACTUARIAL SERVICES3 years Service code 13 8485 W SUNSET RD UNIT 200 · LAS VEGAS, NV 89113	Contract Administrator	$1,480

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$41K

$72 / participant

Contract admin$41K100.0%

% of EOY assets

0.599%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: METZ & ASSOCIATES
Auditor EIN: 464558541
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,736

$47,126-73.0%

$149,673-91.5%

$74,419-82.9%

Participation rate

72.6%

63.4%+9.2pp

78.8%-6.1pp

70.7%+1.9pp

Annual return

20.39%

22.75%-2.4pp

134.42%-114.0pp

34.38%-14.0pp

Employer contribution / active EE

$18

$1,905-99.1%

$4,818-99.6%

$2,637-99.3%

Participant deferral / active EE

$2,359

$2,728-13.5%

$5,680-58.5%

$4,528-47.9%

Admin fee / account holder

$76

$343-77.8%

$13,210-99.4%

$348-78.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$19,928

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Service code 27

PO BOX 735399 · DALLAS, TX 753735399

Advisory (Plan)

$19,825

RESOURCES INVESTMENT ADVISORS LLC3 years

Filed as: RESOURCES INVESTMENT ADVISORS, LLC

Service code 28

4860 COLLEGE BLVD SUITE 100 · OVERLAND PARK, KS 66211

Investment Management

$7,592

LOREN D. STARK COMPANY1 year

Filed as: LOREN D STARK COMPANY

Service code 13

10750 ROCKLEY ROAD · HOUSTON, TX 77099

Contract Administrator

$4,395

LEBENSON ACTUARIAL SERVICES3 years

Service code 13

8485 W SUNSET RD UNIT 200 · LAS VEGAS, NV 89113

Contract Administrator

$1,480

ABSOLUTE DENTAL GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABSOLUTE DENTAL GROUP, LLC 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