Retirement plan

GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. - GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC.

GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC.EIN 25-1103058Plan #005PY 2016

5820 CENTRE AVENUE - PITTSBURGH, PA 15206412-661-5500LinkedIn11-50 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.7M

+6.9% from 2015

Total participants

209

+3.0% from 2015

Average account balance

$137,235

+3.8% from 2015

Annual return

8.61%

+9.43 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.02M

Not enough data

1 years with asset history on file

Average account balance

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

$228K

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.

202

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$358

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 4 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 1606 CARMODY CT. SUITE 401 · SEWICKLEY, PA 15143	Other Commissions	$25,402
METRO BENEFITS, INC.2+ years Service code 13 THE EXECUTIVE CENTER · PITTSBURGH, PA 15237	Contract Administrator	$8,730
BDO USA, LLP1 year Service code 10 P.O. BOX 642743 · PITTSBURGH, PA 15264	Accounting	$7,000
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO Service code 25 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Directed Trustee	$1,131

Plan features & details

Pension benefit codes2A2E2F2G2J

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$16K

$102 / participant

Contract admin$9K57.3%
Other / not subdivided$7K42.7%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$137,235

$46,732+193.7%

$156,551-12.3%

$55,167+148.8%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

8.61%

17.72%-9.1pp

32.23%-23.6pp

169.23%-160.6pp

Employer contribution / active EE

$5,817

$2,105+176.3%

$5,501+5.7%

$1,963+196.4%

Participant deferral / active EE

$4,493

$2,204+103.8%

$4,871-7.8%

$3,054+47.1%

Admin fee / account holder

$79

$418-81.2%

$13,028-99.4%

$504-84.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES LLC

Service code 55

1606 CARMODY CT. SUITE 401 · SEWICKLEY, PA 15143

Other Commissions

$25,402

METRO BENEFITS, INC.2+ years

Service code 13

THE EXECUTIVE CENTER · PITTSBURGH, PA 15237

Contract Administrator

$8,730

BDO USA, LLP1 year

Service code 10

P.O. BOX 642743 · PITTSBURGH, PA 15264

Accounting

$7,000

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO

Service code 25

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Directed Trustee

$1,131

GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREATER PITTSBURGH ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING 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