Retirement plan

CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN

Name: CONNECTICUT ORTHOPAEDIC SPECIALISTS P.C. - CONNECTICUT ORTHOPAEDIC SPECIALISTS, PC 401(K) PLAN (2018) 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 2018

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$54.8M

+9.6% from 2017

Total participants

556

+9.2% from 2017

Average account balance

$108,691

+5.1% from 2017

Annual return

1.77%

-14.57 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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 5 by compensation

Provider	Service type	Compensation
HIGHTOWER ADVISORS LLC4+ years Filed as: HIGHTOWER ADVISORS Service code 27 200 W MADISON ST STE 2500 · CHICAGO, IL 60606	Advisory (Plan)	$144,348
THE ANGELL PENSION GROUP, INC.2 years Service code 13 · EIN 04-2530412 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Contract Administrator	$23,916
TD AMERITRADE, INC.3 years Filed as: TD AMERITRADE Service code 33 · EIN 82-0543156 200 SOUTH 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$5,219
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,700
TD AMERITRADE, INC.2 years Service code 33	Securities brokerage	$0

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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$68K

$142 / participant

Other / not subdivided$68K100.0%

% of EOY assets

0.124%

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

$108,691

$37,196+192.2%

$154,108-29.5%

$55,725+95.0%

Participation rate

89.1%

64.1%+25.1pp

83.0%+6.1pp

70.9%+18.3pp

Annual return

1.77%

1319.68%-1317.9pp

735.21%-733.4pp

244.93%-243.2pp

Employer contribution / active EE

$6,831

$1,614+323.2%

$5,298+28.9%

$2,078+228.7%

Participant deferral / active EE

$4,174

$2,068+101.8%

$5,081-17.8%

$3,356+24.4%

Admin fee / account holder

$135

$102+32.9%

$13,411-99.0%

$115+17.2%

Provider

Service type

Compensation

HIGHTOWER ADVISORS LLC4+ years

Filed as: HIGHTOWER ADVISORS

Service code 27

200 W MADISON ST STE 2500 · CHICAGO, IL 60606

Advisory (Plan)

$144,348

THE ANGELL PENSION GROUP, INC.2 years

Service code 13 · EIN 04-2530412

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Contract Administrator

$23,916

TD AMERITRADE, INC.3 years

Filed as: TD AMERITRADE

Service code 33 · EIN 82-0543156

200 SOUTH 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$5,219

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE & ANNUITY INS

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,700

TD AMERITRADE, INC.2 years

Service code 33

Securities brokerage

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