Retirement plan

LAKESHORE BONE & JOINT INSTITUTE, INC. EMPLOYEES' 401(K) SAVINGS AND PROFIT SHARING PLAN

Name: LAKESHORE BONE & JOINT INSTITUTE, INC. - LAKESHORE BONE & JOINT INSTITUTE, INC. EMPLOYEES' 401(K) SAVINGS AND PROFIT SHARING PLAN (2015) Form 5500
Creator: LAKESHORE BONE & JOINT INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKESHORE BONE & JOINT INSTITUTE, INC. EMPLOYEES' 401(K) SAVINGS AND PROFIT SHARING PLAN, LAKESHORE BONE & JOINT INSTITUTE, INC.

LAKESHORE BONE & JOINT INSTITUTE, INC.EIN 35-1151025Plan #007PY 2015

601 GATEWAY BLVD N - CHESTERTON, IN 46304219-921-1304lbji.comLinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.3M

No prior year

Total participants

167

No prior year

Average account balance

$123,257

No prior year

Annual return

5.18%

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

$57.68M

Not enough data

1 years with asset history on file

Average account balance

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

$403K

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.

143

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.

38.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.34M

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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
CPI QUALIFIED PLAN CONSULTANTS, INC1+ years Service code 12 · EIN 48-1205033 1809 24TH STREET · GREAT BEND, KS 67530	Direct payment from the plan; Sub-tra...	$7,229

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$250

$2 / participant

Contract admin$250100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 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: SWARTZ, RETSON & CO., P.C.
Auditor EIN: 351509921
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$123,257

$46,360+165.9%

$147,617-16.5%

$52,331+135.5%

Participation rate

98.6%

64.9%+33.6pp

84.6%+14.0pp

68.1%+30.5pp

Annual return

5.18%

1.62%+3.6pp

61.98%-56.8pp

4.54%+0.6pp

Employer contribution / active EE

$8,396

$2,126+294.9%

$5,564+50.9%

$1,882+346.2%

Participant deferral / active EE

$5,148

$2,258+128.0%

$4,895+5.2%

$3,022+70.3%

Admin fee / account holder

$766-99.8%

$11,612-100.0%

$592-99.7%

Provider

Service type

Compensation

CPI QUALIFIED PLAN CONSULTANTS, INC1+ years

Service code 12 · EIN 48-1205033

1809 24TH STREET · GREAT BEND, KS 67530

Direct payment from the plan; Sub-tra...

$7,229

LAKESHORE BONE & JOINT INSTITUTE, INC. EMPLOYEES' 401(K) SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKESHORE BONE & JOINT INSTITUTE, INC. EMPLOYEES' 401(K) SAVINGS AND 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