Retirement plan

CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN

Name: CONNECTICUT ORTHOPAEDIC SPECIALISTS P.C. - CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN (2016) Form 5500
Creator: CONNECTICUT ORTHOPAEDIC SPECIALISTS P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN, CONNECTICUT ORTHOPAEDIC SPECIALISTS P.C.

CONNECTICUT ORTHOPAEDIC SPECIALISTS P.C.EIN 06-0855842Plan #002PY 2016

2408 WHITNEY AVENUE - HAMDEN, CT 06518203-407-3577LinkedIn1-10 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$38.3M

+7.4% from 2015

Total participants

492

+1.2% from 2015

Average account balance

$80,600

+4.7% from 2015

Annual return

6.84%

-15.05 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$115.23M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

774

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
HIGHTOWER ADVISORS LLC2+ years Filed as: HIGHTOWER ADVISORS Service code 18 · EIN 36-4454225 THE ANDRIOLE GROUP · MADISON, CT 06443	Investment management fees paid direc...	$110,208
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 200 DRYDEN ROAD · DRESHER, PA 19025	Recordkeeping	$24,940
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 33 · EIN 82-0543156 200 SOUTH 108TH AVENUE · OMAHA, NE 68154	Securities brokerage; Other services	$6,124

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$30K

$81 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TEPLITZKY & CO, P.C.
Auditor EIN: 060962537
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,600

$36,916+118.3%

$156,551-48.5%

$57,658+39.8%

Participation rate

95.4%

63.4%+32.0pp

84.0%+11.4pp

70.2%+25.2pp

Annual return

6.84%

12.38%-5.5pp

32.23%-25.4pp

5.13%+1.7pp

Employer contribution / active EE

$6,877

$1,571+337.9%

$5,501+25.0%

$1,974+248.4%

Participant deferral / active EE

$4,294

$1,926+123.0%

$4,871-11.9%

$3,061+40.3%

Admin fee / account holder

$63

$82-23.5%

$13,028-99.5%

$95-33.2%

Provider

Service type

Compensation

HIGHTOWER ADVISORS LLC2+ years

Filed as: HIGHTOWER ADVISORS

Service code 18 · EIN 36-4454225

THE ANDRIOLE GROUP · MADISON, CT 06443

Investment management fees paid direc...

$110,208

ASCENSUS LLC2+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

200 DRYDEN ROAD · DRESHER, PA 19025

Recordkeeping

$24,940

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 33 · EIN 82-0543156

200 SOUTH 108TH AVENUE · OMAHA, NE 68154

Securities brokerage; Other services

$6,124

CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 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