Retirement plan

NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION SAFE HARBOR 401(K) PLAN

Name: NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION - NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION SAFE HARBOR 401(K) PLAN (2023) Form 5500
Creator: NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION SAFE HARBOR 401(K) PLAN, NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION

NEW WEST ORTHOPAEDIC & SPORTS REHABILITATIONEIN 20-0317167Plan #001PY 2023

2810 WEST 35TH STREET, SUITE 2 - KEARNEY, NE 68845308-237-7388LinkedIn1-10 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+29.2% from 2022

Total participants

+2.5% from 2022

Average account balance

$43,879

+26.1% from 2022

Annual return

19.05%

+39.05 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.27M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

178.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$547

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

$94K

$3126 / participant

Other / not subdivided$94K100.0%

% of EOY assets

5.213%

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

$43,879

$77,920-43.7%

$149,723-70.7%

$75,177-41.6%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

19.05%

31.72%-12.7pp

134.50%-115.4pp

160.75%-141.7pp

Employer contribution / active EE

$2,019

$3,138-35.6%

$4,821-58.1%

$2,671-24.4%

Participant deferral / active EE

$5,259

$3,411+54.2%

$5,682-7.4%

$4,126+27.5%

Admin fee / account holder

$2,287

$5,951-61.6%

$13,215-82.7%

$5,651-59.5%

NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW WEST ORTHOPAEDIC & SPORTS REHABILITATION SAFE HARBOR 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