Retirement plan

MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P.C. PROFIT SHARING PLAN

Name: MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P - MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P.C. PROFIT SHARING PLAN (2018) Form 5500
Creator: MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P.C. PROFIT SHARING PLAN, MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P

MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, PEIN 06-1084973Plan #001PY 2018

12 VILLAGE STREET - SUITE 8 - NORTH HAVEN, CT 06473203-777-2044LinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+6.9% from 2017

Total participants

+9.1% from 2017

Average account balance

$173,858

-2.0% from 2017

Annual return

13.82%

+0.59 pp from 2017

Benchmarks

See 105,561 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,561 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.53M

Not enough data

1 years with asset history on file

Average account balance

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

$253K

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.

142.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16212

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

$196K

$19573 / participant

Other / not subdivided$196K100.0%

% of EOY assets

9.382%

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

$173,858

$180,462-3.7%

$154,111+12.8%

$135,379+28.4%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

13.82%

888.17%-874.3pp

735.18%-721.4pp

519.79%-506.0pp

Employer contribution / active EE

$2,184

$6,036-63.8%

$5,298-58.8%

$4,779-54.3%

Participant deferral / active EE

$3,861

$5,806-33.5%

$5,081-24.0%

$5,609-31.2%

Admin fee / account holder

$16,311

$16,145+1.0%

$13,411+21.6%

$10,828+50.6%

MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICHAEL P. CONNAIR, M.D., ORTHOPAEDIC SURGEON, P.C. 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