Retirement plan

PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN

Name: PERPETUAL CHIROPRACTIC PHYSICIANS OF NEVADA - PERPETUAL CHIROPRACTIC PHYS. OF NEVADA RETIREMENT PLAN (2023) 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 2023

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

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$481K

+26.2% from 2022

Total participants

+25.0% from 2022

Average account balance

$48,142

+1.0% from 2022

Annual return

9.90%

+18.43 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$3K

$644 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.669%

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

$48,142

$175,259-72.5%

$149,723-67.8%

$139,487-65.5%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

9.90%

166.82%-156.9pp

134.50%-124.6pp

373.84%-363.9pp

Employer contribution / active EE

$1,642

$5,478-70.0%

$4,821-66.0%

$4,755-65.5%

Participant deferral / active EE

$10,800

$6,522+65.6%

$5,682+90.1%

$6,713+60.9%

Admin fee / account holder

$322

$16,158-98.0%

$13,215-97.6%

$11,407-97.2%

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