Retirement plan

OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC PROFIT SHARING & THRIFT PLAN

Name: OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC - OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC PROFIT SHARING & THRIFT PLAN (2018) Form 5500
Creator: OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC PROFIT SHARING & THRIFT PLAN, OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC

OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLCEIN 20-2637128Plan #001PY 2018

16315 N. MAY AVENUE - EDMOND, OK 73013405-521-0041oculosurgeons.comLinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$245K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+0.2% from 2017

Total participants

+16.7% from 2017

Average account balance

$202,582

-14.2% from 2017

Annual return

-5.42%

-18.42 pp from 2017

Benchmarks

See 105,563 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,563 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.07M

Not enough data

1 years with asset history on file

Average account balance

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

$236K

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.

130.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2990

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 codes2E2F2G2J3D

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.
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

$9K

$1253 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.618%

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

$202,582

$180,466+12.3%

$154,114+31.4%

$135,382+49.6%

Participation rate

100.0%

87.4%+12.6pp

83.0%+17.0pp

82.6%+17.4pp

Annual return

-5.42%

888.15%-893.6pp

735.16%-740.6pp

519.77%-525.2pp

Employer contribution / active EE

$6,344

$6,035+5.1%

$5,298+19.8%

$4,779+32.8%

Participant deferral / active EE

$6,178

$5,806+6.4%

$5,081+21.6%

$5,609+10.2%

Admin fee / account holder

$1,253

$16,144-92.2%

$13,411-90.7%

$10,829-88.4%

OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC PROFIT SHARING & THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OCULOPLASTIC SURGEONS OF OKLAHOMA, PLLC PROFIT SHARING & THRIFT 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