Retirement plan

ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. RETIREMENT PLAN

Name: ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. - ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. RETIREMENT PLAN (2020) Form 5500
Creator: ORTHOPEDIC SURGEONS OF WISCONSIN, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. RETIREMENT PLAN, ORTHOPEDIC SURGEONS OF WISCONSIN, S.C.

ORTHOPEDIC SURGEONS OF WISCONSIN, S.C.EIN 20-0217581Plan #001PY 2020

3077 N. MAYFAIR ROAD, SUITE 305 - MILWAUKEE, WI 53222414-384-6700LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$26M

+18.7% from 2019

Total participants

133

-2.2% from 2019

Average account balance

$195,513

+21.4% from 2019

Annual return

13.72%

-5.45 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.01M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

145

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1301

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
PEGASUS PARTNERS LTD2 years Service code 27 · EIN 47-3081156	Advisory (Plan)	$15,172
SIKICH LLP6+ years Service code 15 · EIN 36-3168081	Recordkeeping	$4,040
TRANSAMERICA RETIREMENT SOLUTIONS6+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$1,184

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$147K

$1468 / participant

Investment mgmt$142K96.5%
Contract admin$5K3.5%

% of EOY assets

0.564%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: VRAKAS, S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,513

$58,895+232.0%

$178,503+9.5%

$73,497+166.0%

Participation rate

100.0%

66.2%+33.8pp

81.9%+18.1pp

70.7%+29.3pp

Annual return

13.72%

24.86%-11.1pp

151.12%-137.4pp

28.51%-14.8pp

Employer contribution / active EE

$8,291

$2,236+270.8%

$5,011+65.4%

$2,270+265.2%

Participant deferral / active EE

$6,853

$2,567+167.0%

$5,202+31.7%

$3,740+83.2%

Admin fee / account holder

$1,104

$400+175.6%

$13,987-92.1%

$513+115.1%

Provider

Service type

Compensation

PEGASUS PARTNERS LTD2 years

Service code 27 · EIN 47-3081156

Advisory (Plan)

$15,172

SIKICH LLP6+ years

Service code 15 · EIN 36-3168081

Recordkeeping

$4,040

TRANSAMERICA RETIREMENT SOLUTIONS6+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$1,184

ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPEDIC SURGEONS OF WISCONSIN, S.C. RETIREMENT 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