Retirement plan

PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN

Name: PERPETUAL CHIROPRACTIC PHYSICIANS OF NEVADA - PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN (2022) Form 5500
Creator: PERPETUAL CHIROPRACTIC PHYSICIANS OF NEVADA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN, PERPETUAL CHIROPRACTIC PHYSICIANS OF NEVADA

PERPETUAL CHIROPRACTIC PHYSICIANS OF NEVADAEIN 88-0463876Plan #001PY 2022

3047 S. DECATUR BLVD. - LAS VEGAS, NV 89102702-222-3288

Other plans on this EIN

1 filing

#002Retirement-$706K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$381K

+12.1% from 2021

Total participants

+60.0% from 2021

Average account balance

$47,681

-43.9% from 2021

Annual return

-8.53%

-21.98 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$629K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+9.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1976

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$6K

$1968 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.548%

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

$47,681

$167,353-71.5%

$143,797-66.8%

$134,545-64.6%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-8.53%

0.48%-9.0pp

-0.04%-8.5pp

418.37%-426.9pp

Employer contribution / active EE

$5,400

$5,620-3.9%

$4,952+9.0%

$4,742+13.9%

Participant deferral / active EE

$18,000

$6,447+179.2%

$5,638+219.2%

$6,401+181.2%

Admin fee / account holder

$738

$18,096-95.9%

$14,679-95.0%

$11,431-93.5%

PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT 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