Plan Ledger DOL Form 5500 · updated monthly

Michael O Reimels DDS and Catherine G Reimels DDS., PLLC dba Reimels D401(k)

REIMELS DENTISTRY 401(K) PROFIT SHARING PLAN · HUNTERSVILLE, NC · plan year 2022

Employer contribution per participant · 2022
$1,517

Michael O Reimels DDS and Catherine G Reimels DDS., PLLC dba Reimels D's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,183,799 across 87 participant accounts, with employer contributions averaging $1,517 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,540th of 2,005), and 8,425th of 11,911 in health care & social assistance. In 2022, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,183,799
Participants with balances87
Active participants168
Employer contributions$254,828
Employee contributions$605,315
Employer contribution per active participant$1,517
Average account balance$48,090
Benefits paid to participants$171,994
Plan auditUnmodified (clean) audit opinion
AuditorBGW CPA
The Michael O Reimels DDS and Catherine G Reimels DDS., PLLC dba Reimels D 401(k) match · 2022
Employer contribution per active participant$1,517
Median for plans this size$1,114

Michael O Reimels DDS and Catherine G Reimels DDS., PLLC dba Reimels D's 2022 employer contribution ran above the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Similar plansHealth Care & Social Assistance · North Carolina
Braden Health, Inc. NC$4.2M · 2.43%
Viva Life LLC NC$4.2M · 0.87%
Support, Inc. NC$4.1M · 0.04%
Penick Village, Inc. NC$4.1M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260801564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.