Retirement plan

WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN

Name: WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. - WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: WATERBURY ORTHOPAEDIC ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN, WATERBURY ORTHOPAEDIC ASSOCIATES, P.C.

WATERBURY ORTHOPAEDIC ASSOCIATES, P.C.EIN 06-0857985Plan #002PY 2018

1211 WEST MAIN STREET - WATERBURY, CT 06708203-755-0163waterburyortho.comLinkedIn1-10 employeeshospital & health care

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.9M

+17.3% from 2017

Total participants

0.0% from 2017

Average account balance

$221,599

+22.7% from 2017

Annual return

13.40%

-6.19 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.19M

Not enough data

1 years with asset history on file

Average account balance

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

$273K

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.

111.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4816

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 codes2E2F2G2J2R3D

Plan features

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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$41K

$2154 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.840%

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

$221,599

$180,459+22.8%

$154,108+43.8%

$135,380+63.7%

Participation rate

94.7%

87.4%+7.3pp

83.0%+11.7pp

82.6%+12.1pp

Annual return

13.40%

888.21%-874.8pp

735.21%-721.8pp

519.81%-506.4pp

Employer contribution / active EE

$5,679

$6,035-5.9%

$5,298+7.2%

$4,779+18.8%

Participant deferral / active EE

$5,104

$5,806-12.1%

$5,081+0.5%

$5,609-9.0%

Admin fee / account holder

$1,860

$16,145-88.5%

$13,411-86.1%

$10,828-82.8%

WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATERBURY ORTHOPAEDIC ASSOCIATES, P.C. EMPLOYEES 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