Retirement plan

ORTHOPEDIC ASSOCIATES 401K RETIREMENT SAVINGS PLAN

Name: ORTHOPEDIC ASSOCIATES - ORTHOPEDIC ASSOCIATES 401K RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: ORTHOPEDIC ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPEDIC ASSOCIATES 401K RETIREMENT SAVINGS PLAN, ORTHOPEDIC ASSOCIATES

ORTHOPEDIC ASSOCIATESEIN 37-0909238Plan #004PY 2016

303 N KUMPF BLVD - PEORIA, IL 616052507309-676-5546

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.3M

No prior year

Total participants

110

No prior year

Average account balance

$147,771

No prior year

Annual return

9.42%

No prior year

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.60M

Not enough data

1 years with asset history on file

Average account balance

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

$467K

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.

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.

168.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$54K

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

+15.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21277

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
DAVID ROMANO2+ years Filed as: DAVID VAUGHAN INVESTMENTS, INC. Service code 27 · EIN 37-1272863	Advisory (Plan)	$99,391
ALLIANCE PENSION CONSULTANTS, LLC2+ years Service code 15 · EIN 36-4389114	Recordkeeping	$25,610
HEINOLD BANWART, LTD.2+ years Filed as: HEINOLD-BANWART, LTD Service code 10 · EIN 37-1196235	Accounting	$14,402
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009	Securities Custodian	$5,762

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$99K

$3823 / participant

Investment mgmt$99K100.0%

% of EOY assets

0.611%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,771

$77,638+90.3%

$156,551-5.6%

$62,881+135.0%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

9.42%

50.33%-40.9pp

32.23%-22.8pp

20.14%-10.7pp

Employer contribution / active EE

$22,063

$3,444+540.7%

$5,501+301.1%

$2,281+867.3%

Participant deferral / active EE

$14,101

$3,046+363.0%

$4,871+189.5%

$3,203+340.3%

Admin fee / account holder

$904

$5,561-83.8%

$13,028-93.1%

$4,296-79.0%

Provider

Service type

Compensation

DAVID ROMANO2+ years

Filed as: DAVID VAUGHAN INVESTMENTS, INC.

Service code 27 · EIN 37-1272863

Advisory (Plan)

$99,391

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Service code 15 · EIN 36-4389114

Recordkeeping

$25,610

HEINOLD BANWART, LTD.2+ years

Filed as: HEINOLD-BANWART, LTD

Service code 10 · EIN 37-1196235

Accounting

$14,402

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19 · EIN 42-1558009

Securities Custodian

$5,762

ORTHOPEDIC ASSOCIATES 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPEDIC ASSOCIATES 401K 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