Retirement plan

PRAIRIE ROSE FAMILY DENTISTS 401(K) PLAN

Name: PRAIRIE ROSE FAMILY DENTISTS, P.C. - PRAIRIE ROSE FAMILY DENTISTS 401(K) PLAN (2024) Form 5500
Creator: PRAIRIE ROSE FAMILY DENTISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRAIRIE ROSE FAMILY DENTISTS 401(K) PLAN, PRAIRIE ROSE FAMILY DENTISTS, P.C.

PRAIRIE ROSE FAMILY DENTISTS, P.C.EIN 91-1749640Plan #001PY 2024

2500 OVERLOOK LN - MANDAN, ND 58554LinkedIn51-200 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.6M

+2.4% from 2023

Total participants

114

-10.2% from 2023

Average account balance

$111,471

+0.6% from 2023

Annual return

13.16%

-3.32 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.60M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

113

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.

121.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$912K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20681

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

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

$2.3M

$25128 / participant

Other / not subdivided$2M100.0%

% of EOY assets

18.552%

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

$111,471

$81,276+37.2%

$155,574-28.3%

$80,925+37.7%

Participation rate

98.9%

66.2%+32.7pp

78.2%+20.7pp

67.7%+31.3pp

Annual return

13.16%

33.36%-20.2pp

64.87%-51.7pp

35.65%-22.5pp

Employer contribution / active EE

$2,847

$3,103-8.2%

$4,676-39.1%

$2,756+3.3%

Participant deferral / active EE

$6,955

$3,453+101.4%

$5,629+23.6%

$4,299+61.8%

Admin fee / account holder

$20,681

$7,993+158.7%

$15,914+30.0%

$6,940+198.0%

PRAIRIE ROSE FAMILY DENTISTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRAIRIE ROSE FAMILY DENTISTS 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