Retirement plan

CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORP 401(K) PROFIT SHARING PLAN

Name: CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORPORATION - CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORP 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORP 401(K) PROFIT SHARING PLAN, CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORPORATION

CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORPORATIONEIN 94-2250359Plan #002PY 2022

1174 MONTGOMERY DRIVE - SANTA ROSA, CA 95405707-545-4625

Other plans on this EIN

1 filing

#003Retirement-$260K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$28.7M

-14.8% from 2021

Total participants

+7.7% from 2021

Average account balance

$1,024,360

-20.9% from 2021

Annual return

-12.43%

-27.01 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

$4.34M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

158.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+7.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7208

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$74440 / participant

Other / not subdivided$1M100.0%

% of EOY assets

3.893%

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

$1,024,360

$167,353+512.1%

$143,797+612.4%

$134,545+661.4%

Participation rate

100.0%

84.8%+15.2pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-12.43%

0.48%-12.9pp

-0.04%-12.4pp

418.37%-430.8pp

Employer contribution / active EE

$4,826

$5,620-14.1%

$4,952-2.6%

$4,742+1.8%

Participant deferral / active EE

$3,793

$6,447-41.2%

$5,638-32.7%

$6,401-40.7%

Admin fee / account holder

$39,879

$18,096+120.4%

$14,679+171.7%

$11,431+248.9%

CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORSI, HOEY, PEARSON, D.D.S., PROFESSIONAL CORP 401(K) PROFIT SHARING 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