Retirement plan

ORTHOARIZONA RETIREMENT PLAN

Name: ORTHOPEDIC SPECIALISTS OF NORTH AMERICA, PLLC - ORTHOARIZONA RETIREMENT PLAN (2024) Form 5500
Creator: ORTHOPEDIC SPECIALISTS OF NORTH AMERICA, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOARIZONA RETIREMENT PLAN, ORTHOPEDIC SPECIALISTS OF NORTH AMERICA, PLLC

ORTHOPEDIC SPECIALISTS OF NORTH AMERICA, PLLCEIN 26-0152289Plan #001PY 2024

3033 N. 44TH STREET, STE. 360 - PHOENIX, AZ 85018602-772-3800LinkedIn501-1000 employeesmedical practice

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$90.2M

+15.6% from 2023

Total participants

1,317

+13.5% from 2023

Average account balance

$78,683

+1.4% from 2023

Annual return

12.93%

-5.23 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$90.17M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

1,146

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.

82.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930	Recordkeeping	$112,038
THE VANGUARD GROUP, INC.4 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$24,583
CHARLES SCHWAB & CO., INC.1 year Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3B

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$135K

$141 / participant

Other / not subdivided$135K100.0%

% of EOY assets

0.149%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,683

$50,902+54.6%

$155,534-49.4%

$77,736+1.2%

Participation rate

82.2%

63.1%+19.1pp

78.2%+4.0pp

70.6%+11.6pp

Annual return

12.93%

34.85%-21.9pp

64.92%-52.0pp

31.26%-18.3pp

Employer contribution / active EE

$1,991-100.0%

$4,675-100.0%

$2,728-100.0%

Participant deferral / active EE

$4,302

$2,824+52.3%

$5,630-23.6%

$4,651-7.5%

Admin fee / account holder

$118

$437-73.1%

$15,900-99.3%

$433-72.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.10+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$112,038

THE VANGUARD GROUP, INC.4 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$24,583

CHARLES SCHWAB & CO., INC.1 year

Service code 99

Other Fees

ORTHOARIZONA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOARIZONA 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