Retirement plan

CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC 401(K) PROFIT SHARING PLAN

Name: CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC - CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC 401(K) PROFIT SHARING PLAN, CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC

CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLCEIN 26-1130649Plan #001PY 2016

3925 EMBASSY PARKWAY, SUITE 250 - AKRON, OH 44333330-670-4110

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.6M

+24.2% from 2015

Total participants

853

+11.8% from 2015

Average account balance

$21,856

+11.1% from 2015

Annual return

9.41%

+12.82 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$90.65M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

952

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.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+95.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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
NEWPORT GROUP, INC.2+ years Filed as: NEWPORT RETIREMENT SERVICES, INC Service code 15 300 INTERNATIONAL PARKWAY · HEATHROW, FL 32746	Recordkeeping	$59,790
VALMARK ADVISERS INC2+ years Filed as: VALMARK SECURITIES, INC Service code 15 130 SPRINGSIDE DRIVE · AKRON, OH 443332431	Recordkeeping	$57,758
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 211 MAIN STREET · SAN FRANCISCO, CA 941051965	Securities Custodian	$20,325

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

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.
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

$138K

$217 / participant

Investment mgmt$58K41.9%
Contract admin$80K58.1%

% of EOY assets

0.740%

all-in expense ratio

Categories reported

2 / 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: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,856

$36,916-40.8%

$156,551-86.0%

$57,658-62.1%

Participation rate

100.0%

63.4%+36.6pp

84.0%+16.0pp

70.2%+29.8pp

Annual return

9.41%

12.38%-3.0pp

32.23%-22.8pp

5.13%+4.3pp

Employer contribution / active EE

$2,286

$1,571+45.6%

$5,501-58.4%

$1,974+15.8%

Participant deferral / active EE

$2,413

$1,926+25.3%

$4,871-50.5%

$3,061-21.2%

Admin fee / account holder

$162

$82+95.9%

$13,028-98.8%

$95+71.0%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2+ years

Filed as: NEWPORT RETIREMENT SERVICES, INC

Service code 15

300 INTERNATIONAL PARKWAY · HEATHROW, FL 32746

Recordkeeping

$59,790

VALMARK ADVISERS INC2+ years

Filed as: VALMARK SECURITIES, INC

Service code 15

130 SPRINGSIDE DRIVE · AKRON, OH 443332431

Recordkeeping

$57,758

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19

211 MAIN STREET · SAN FRANCISCO, CA 941051965

Securities Custodian

$20,325

CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRYSTAL CLINIC ORTHOPAEDIC CENTER, LLC 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