Retirement plan

EMPLOYEE BENEFIT PLAN OF GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION

Name: GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION - EMPLOYEE BENEFIT PLAN OF GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION (2022) Form 5500
Creator: GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION, GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION

GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATIONEIN 99-0288920Plan #002PY 2022

4374 KUKUI GROVE ST STE 104 - LIHUE, HI 967662007808-246-0663

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$113K

-84.3% from 2021

Total participants

-37.5% from 2021

Average account balance

$22,688

-74.9% from 2021

Annual return

-11.59%

-30.05 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

$142K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2T3D

Plan features

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.
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.
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

$530K

Other / not subdivided$530K100.0%

% of EOY assets

466.971%

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

$22,688

$167,353-86.4%

$143,797-84.2%

$134,545-83.1%

Participation rate

0.0%

84.8%-84.8pp

80.3%-80.3pp

81.2%-81.2pp

Annual return

-11.59%

0.48%-12.1pp

-0.04%-11.6pp

418.37%-430.0pp

Employer contribution / active EE

$5,620-100.0%

$4,952-100.0%

$4,742-100.0%

Participant deferral / active EE

$6,447-100.0%

$5,638-100.0%

$6,401-100.0%

Admin fee / account holder

$105,948

$18,096+485.5%

$14,679+621.8%

$11,431+826.9%

EMPLOYEE BENEFIT PLAN OF GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF GERALD J. MCKENNA, M.D., INC. A PROFESSIONAL CORPORATION

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