Retirement plan

UNIVERSITY ORTHOPEDICS CENTER, LTD. RETIREMENT PLAN

Name: UNIVERSITY ORTHOPEDICS CENTER, LTD. - UNIVERSITY ORTHOPEDICS CENTER, LTD. RETIREMENT PLAN (2015) Form 5500
Creator: UNIVERSITY ORTHOPEDICS CENTER, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY ORTHOPEDICS CENTER, LTD. RETIREMENT PLAN, UNIVERSITY ORTHOPEDICS CENTER, LTD.

UNIVERSITY ORTHOPEDICS CENTER, LTD.EIN 25-1655314Plan #001PY 2015

101 REGENT COURT - STATE COLLEGE, PA 16801814-231-2101uoc.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$20.1M

No prior year

Total participants

221

No prior year

Average account balance

$90,993

No prior year

Annual return

3.95%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.60M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

294

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

$2.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$832

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
ABUNDANCE WEALTH COUNSELORS, LLC1+ years Filed as: ABUNDANCE HOLDINGS, INC. Service code 51 · EIN 81-0572878 232 REGENT COURT · STATE COLLEGE, PA 16801	Investment Mgmt Fees	$107,194
BAKER TILLY US, LLP1+ years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 · EIN 39-0859910 1423 NORTH ATHERTON STREET · STATE COLLEGE, PA 16801	Accounting	$11,950

Plan features & details

Pension benefit codes2A2E2J2K3D

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.
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.
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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$124K

$788 / participant

Investment mgmt$107K86.6%
Contract admin$17K13.4%

% of EOY assets

0.616%

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: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,993

$46,360+96.3%

$147,618-38.4%

$52,331+73.9%

Participation rate

100.0%

64.9%+35.1pp

84.6%+15.4pp

68.1%+31.9pp

Annual return

3.95%

1.62%+2.3pp

61.98%-58.0pp

4.54%-0.6pp

Employer contribution / active EE

$5,534

$2,126+160.3%

$5,565-0.6%

$1,882+194.1%

Participant deferral / active EE

$5,045

$2,258+123.5%

$4,895+3.0%

$3,022+66.9%

Admin fee / account holder

$560

$766-26.9%

$11,612-95.2%

$592-5.3%

Provider

Service type

Compensation

ABUNDANCE WEALTH COUNSELORS, LLC1+ years

Filed as: ABUNDANCE HOLDINGS, INC.

Service code 51 · EIN 81-0572878

232 REGENT COURT · STATE COLLEGE, PA 16801

Investment Mgmt Fees

$107,194

BAKER TILLY US, LLP1+ years

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 10 · EIN 39-0859910

1423 NORTH ATHERTON STREET · STATE COLLEGE, PA 16801

Accounting

$11,950

UNIVERSITY ORTHOPEDICS CENTER, LTD. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY ORTHOPEDICS CENTER, LTD. 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