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 (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$33.2M

+15.8% from 2016

Total participants

192

-8.1% from 2016

Average account balance

$172,947

+26.0% from 2016

Annual return

19.89%

+11.28 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

$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 ADVISORS LLC Service code 27 401 S. TRYON STREET · CHARLOTTEE, NC 28081	Advisory (Plan)	$15,241
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 10 P.O. BOX 642743 · PITTSBURGH, PA 15264	Accounting	$14,618
METRO BENEFITS, INC.3+ years Service code 13 THE EXECUTIVE CENTER · PITTSBURGH, PA 15237	Contract Administrator	$11,180
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,283

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$43K

$265 / participant

Contract admin$21K49.8%
Other / not subdivided$22K50.2%

% of EOY assets

0.129%

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

$172,947

$55,453+211.9%

$170,435+1.5%

$62,293+177.6%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

19.89%

21.38%-1.5pp

205.94%-186.0pp

28.90%-9.0pp

Employer contribution / active EE

$6,159

$2,164+184.7%

$5,432+13.4%

$2,042+201.6%

Participant deferral / active EE

$4,342

$2,303+88.6%

$4,939-12.1%

$3,169+37.0%

Admin fee / account holder

$223

$455-50.9%

$13,881-98.4%

$479-53.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS LLC

Service code 27

401 S. TRYON STREET · CHARLOTTEE, NC 28081

Advisory (Plan)

$15,241

BDO USA, LLP1 year

Filed as: BDO USA LLP

Service code 10

P.O. BOX 642743 · PITTSBURGH, PA 15264

Accounting

$14,618

METRO BENEFITS, INC.3+ years

Service code 13

THE EXECUTIVE CENTER · PITTSBURGH, PA 15237

Contract Administrator

$11,180

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,283

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