Retirement plan

ORTHOPAEDICS INDIANAPOLIS, P.C. PROFIT SHARING & 401(K) PLAN

Name: ORTHOPAEDICS INDIANAPOLIS, INC. - ORTHOPAEDICS INDIANAPOLIS, P.C. PROFIT SHARING & 401(K) PLAN (2017) Form 5500
Creator: ORTHOPAEDICS INDIANAPOLIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPAEDICS INDIANAPOLIS, P.C. PROFIT SHARING & 401(K) PLAN, ORTHOPAEDICS INDIANAPOLIS, INC.

ORTHOPAEDICS INDIANAPOLIS, INC.EIN 35-1090576Plan #001PY 2017

8450 NORTHWEST BOULEVARD - INDIANAPOLIS, IN 46278317-802-2129orthoindy.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$145.7M

+19.9% from 2016

Total participants

999

+0.3% from 2016

Average account balance

$168,580

+17.2% from 2016

Annual return

16.47%

+9.22 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$229.39M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

1,188

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.

80.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.33M

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$94

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.2 years Service code 12 · EIN 27-2037969	Recordkeeping and information managem...	$101,830
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 12 · EIN 42-1558009	Other fees; Custodial (securities); T...	$36,898
PROCOURSE FIDUCIARY ADVISORS, LLC3+ years Service code 27 12800 N. MERIDIAN, SUITE 135 · CARMEL, IN 46032	Advisory (Plan)	$35,000
VALEO FINANCIAL ADVISORS LLC3+ years Service code 27 · EIN 03-0519130	Advisory (Plan)	$31,007
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO.,INC. Service code 12 · EIN 94-1737782	Trustee (bank, trust company, or simi...	$3,037
CHARLES SCHWAB & CO., INC.3+ years Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K2T2R2F3D3H

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$212K

$252 / participant

Investment mgmt$35K16.5%
Contract admin$91K42.9%
Other / not subdivided$86K40.6%

% of EOY assets

0.145%

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: SOMERSET CPAS, P.C.
Auditor EIN: 201717681
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,580

$46,173+265.1%

$170,435-1.1%

$69,631+142.1%

Participation rate

83.9%

63.9%+20.0pp

83.6%+0.3pp

70.7%+13.3pp

Annual return

16.47%

21.62%-5.2pp

205.94%-189.5pp

27571.02%-27554.6pp

Employer contribution / active EE

$6,878

$1,610+327.3%

$5,432+26.6%

$2,032+238.4%

Participant deferral / active EE

$4,778

$2,080+129.7%

$4,939-3.3%

$3,224+48.2%

Admin fee / account holder

$245

$116+111.3%

$13,881-98.2%

$110+121.9%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2 years

Service code 12 · EIN 27-2037969

Recordkeeping and information managem...

$101,830

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 12 · EIN 42-1558009

Other fees; Custodial (securities); T...

$36,898

PROCOURSE FIDUCIARY ADVISORS, LLC3+ years

Service code 27

12800 N. MERIDIAN, SUITE 135 · CARMEL, IN 46032

Advisory (Plan)

$35,000

VALEO FINANCIAL ADVISORS LLC3+ years

Service code 27 · EIN 03-0519130

Advisory (Plan)

$31,007

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO.,INC.

Service code 12 · EIN 94-1737782

Trustee (bank, trust company, or simi...

$3,037

CHARLES SCHWAB & CO., INC.3+ years

Service code 19

Securities Custodian

ORTHOPAEDICS INDIANAPOLIS, P.C. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPAEDICS INDIANAPOLIS, P.C. PROFIT SHARING & 401(K) 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