Retirement plan

ORTHOPAEDIC INSTITUTE OF OHIO, INC./INSTITUTE FOR ORTHOPAEDIC SURGERY RETIREMENT SAVINGS PLAN

Name: ORTHOPAEDIC INSTITUTE OF OHIO, INC. - ORTHOPAEDIC INSTITUTE OF OHIO, INC./INSTITUTE FOR ORTHOPAEDIC SURGERY RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: ORTHOPAEDIC INSTITUTE OF OHIO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPAEDIC INSTITUTE OF OHIO, INC./INSTITUTE FOR ORTHOPAEDIC SURGERY RETIREMENT SAVINGS PLAN, ORTHOPAEDIC INSTITUTE OF OHIO, INC.

ORTHOPAEDIC INSTITUTE OF OHIO, INC.EIN 31-1562435Plan #002PY 2018

801 MEDICAL DRIVE - LIMA, OH 45804419-222-6622orthoohio.comLinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$3.9M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$22.1M

-3.0% from 2017

Total participants

333

+6.1% from 2017

Average account balance

$70,455

-13.8% from 2017

Annual return

-6.65%

-25.52 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.00M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

423

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.

88.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$309

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 1 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$1,030

Plan features & details

Pension benefit codes2E2F2G2J3H3D2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$4 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

0 / 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: E.S. EVANS AND COMPANY
Auditor EIN: 341717857
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,455

$37,196+89.4%

$154,108-54.3%

$55,725+26.4%

Participation rate

93.3%

64.1%+29.2pp

83.0%+10.3pp

70.9%+22.5pp

Annual return

-6.65%

1319.68%-1326.3pp

735.21%-741.9pp

244.93%-251.6pp

Employer contribution / active EE

$3,424

$1,614+112.1%

$5,298-35.4%

$2,078+64.8%

Participant deferral / active EE

$3,814

$2,068+84.4%

$5,081-24.9%

$3,356+13.7%

Admin fee / account holder

$102-96.8%

$13,411-100.0%

$115-97.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$1,030

ORTHOPAEDIC INSTITUTE OF OHIO, INC./INSTITUTE FOR ORTHOPAEDIC SURGERY RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPAEDIC INSTITUTE OF OHIO, INC./INSTITUTE FOR ORTHOPAEDIC SURGERY RETIREMENT SAVINGS 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