Retirement plan

TROY S FORD OD PC DBA PAYSON EYE CARE 401K PLAN

Name: TROY S FORD OD PC - TROY S FORD OD PC DBA PAYSON EYE CARE 401K PLAN (2020) Form 5500
Creator: TROY S FORD OD PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TROY S FORD OD PC DBA PAYSON EYE CARE 401K PLAN, TROY S FORD OD PC

TROY S FORD OD PCdba PAYSON EYE CAREEIN 86-0848538Plan #002PY 2020

411 S BEELINE HWY - PAYSON, AZ 855414892928-474-3556

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$399K

-12.1% from 2019

Total participants

-41.2% from 2019

Average account balance

$44,323

+66.0% from 2019

Annual return

9.36%

-10.50 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$918K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+8.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$902

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

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

$166K

$23661 / participant

Other / not subdivided$166K100.0%

% of EOY assets

41.521%

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

$44,323

$209,422-78.8%

$178,503-75.2%

$158,982-72.1%

Participation rate

85.7%

86.4%-0.6pp

81.9%+3.8pp

82.0%+3.7pp

Annual return

9.36%

188.81%-179.4pp

151.12%-141.8pp

302.99%-293.6pp

Employer contribution / active EE

$3,169

$5,707-44.5%

$5,011-36.8%

$4,763-33.5%

Participant deferral / active EE

$5,664

$5,955-4.9%

$5,202+8.9%

$5,983-5.3%

Admin fee / account holder

$18,403

$17,079+7.8%

$13,987+31.6%

$11,252+63.6%

TROY S FORD OD PC DBA PAYSON EYE CARE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROY S FORD OD PC DBA PAYSON EYE CARE 401K 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