Retirement plan

CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER 401(K) PLAN

Name: CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER - CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER 401(K) PLAN (2024) Form 5500
Creator: CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER 401(K) PLAN, CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER

CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTEREIN 20-3941865Plan #002PY 2024

104 BURNEY DR. - FLOWOOD, MS 39232601-987-8200capitalorthosports.comLinkedIn51-200 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$18.2M

+27.1% from 2023

Total participants

112

-15.8% from 2023

Average account balance

$162,378

+45.3% from 2023

Annual return

13.90%

-3.57 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.19M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

112

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$673

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 2 by compensation

Provider	Service type	Compensation
BANKPLUS WEALTH MANAGEMENT1 year Filed as: BANKPLUS WEALTH MANAGMENT Service code 27 · EIN 64-0134513	Advisory (Plan)	$55,212
EPIC RETIREMENT PLAN SERVICES1 year Service code 15 · EIN 16-1450952	Recordkeeping	$20,117

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
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

$75K

$866 / participant

Recordkeeping$20K26.7%
Investment mgmt$55K73.3%

% of EOY assets

0.414%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WILLIAMS, WEISS, HESTER & CO., PLLC
Auditor EIN: 640317418
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,378

$81,358+99.6%

$155,556+4.4%

$80,959+100.6%

Participation rate

100.0%

66.3%+33.7pp

78.2%+21.8pp

67.7%+32.3pp

Annual return

13.90%

33.39%-19.5pp

64.84%-50.9pp

35.67%-21.8pp

Employer contribution / active EE

$17,615

$3,106+467.1%

$4,675+276.8%

$2,757+538.9%

Participant deferral / active EE

$5,738

$3,455+66.1%

$5,631+1.9%

$4,300+33.4%

Admin fee / account holder

$673

$7,994-91.6%

$15,885-95.8%

$6,925-90.3%

Provider

Service type

Compensation

BANKPLUS WEALTH MANAGEMENT1 year

Filed as: BANKPLUS WEALTH MANAGMENT

Service code 27 · EIN 64-0134513

Advisory (Plan)

$55,212

EPIC RETIREMENT PLAN SERVICES1 year

Service code 15 · EIN 16-1450952

Recordkeeping

$20,117

CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITAL ORTHOPAEDIC AND SPORTS MEDICINE CENTER 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