Retirement plan

THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. 401(K) RETIREMENT PLAN

Name: THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. - THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. 401(K) RETIREMENT PLAN, THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC.

THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC.EIN 20-8024741Plan #001PY 2017

5103 CENTER DRIVE SUITE A - LATROBE, PA 15650724-520-16004u-solutions.comLinkedIn1-10 employeesmedical devices

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.1M

+20.9% from 2016

Total participants

166

+7.8% from 2016

Average account balance

$93,520

+9.7% from 2016

Annual return

19.94%

+12.58 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.74M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2942

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

Top 4 by compensation

Provider	Service type	Compensation
PNC BANK, N.A.1 year Filed as: PNC INVESTMENTS LLC Service code 27 · EIN 42-1604685 204 E. MAIN STREET · LIGONIER, PA 15658	Advisory (Plan)	$10,115
WALKER BENEFITS, LLC3+ years Service code 17 · EIN 55-0486667 2599 WILMINGTON ROAD · NEW CASTLE, PA 16105	Pension Consulting	$2,655
AMERICAN FUNDS3+ years Service code 63 · EIN 95-6817943 P.O. BOX 6040 · INDIANAPOLIS, PA 462066040	12b-1 Fees	$1,280
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 · EIN 95-1411037 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$750

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$14K

$114 / participant

Investment mgmt$11K76.3%
Contract admin$1K10.0%
Other / not subdivided$2K13.7%

% of EOY assets

0.094%

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: RICHARD GUSKIEWICZ ASSOCIATES, CPA
Auditor EIN: 251330186
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,520

$55,453+68.6%

$170,435-45.1%

$62,293+50.1%

Participation rate

95.9%

66.4%+29.6pp

83.6%+12.3pp

69.5%+26.4pp

Annual return

19.94%

21.38%-1.4pp

205.94%-186.0pp

28.90%-9.0pp

Employer contribution / active EE

$332

$2,164-84.6%

$5,432-93.9%

$2,042-83.7%

Participant deferral / active EE

$7,232

$2,303+214.1%

$4,939+46.4%

$3,169+128.2%

Admin fee / account holder

$87

$455-80.8%

$13,881-99.4%

$479-81.8%

Provider

Service type

Compensation

PNC BANK, N.A.1 year

Filed as: PNC INVESTMENTS LLC

Service code 27 · EIN 42-1604685

204 E. MAIN STREET · LIGONIER, PA 15658

Advisory (Plan)

$10,115

WALKER BENEFITS, LLC3+ years

Service code 17 · EIN 55-0486667

2599 WILMINGTON ROAD · NEW CASTLE, PA 16105

Pension Consulting

$2,655

AMERICAN FUNDS3+ years

Service code 63 · EIN 95-6817943

P.O. BOX 6040 · INDIANAPOLIS, PA 462066040

12b-1 Fees

$1,280

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64 · EIN 95-1411037

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$750

THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THREE RIVERS ORTHOPAEDIC & SPINE PRODUCTS, INC. 401(K) 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