Retirement plan

ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC 401(K) PS PLAN

Name: ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC - ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC 401(K) PS PLAN (2017) Form 5500
Creator: ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC 401(K) PS PLAN, ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC

ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PCEIN 38-1958140Plan #002PY 2017

1414 WEST FAIR AVE., SUITE 190 - MARQUETTE, MI 49855906-225-1321LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$2.5M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11M

-21.3% from 2016

Total participants

-8.6% from 2016

Average account balance

$174,336

-12.6% from 2016

Annual return

8.34%

+5.55 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.17M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

112.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

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

+16.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10036

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4.9M

$89182 / participant

Other / not subdivided$5M100.0%

% of EOY assets

44.660%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,336

$84,236+107.0%

$170,435+2.3%

$70,126+148.6%

Participation rate

98.2%

70.8%+27.4pp

83.6%+14.6pp

69.5%+28.6pp

Annual return

8.34%

23.06%-14.7pp

205.94%-197.6pp

73.15%-64.8pp

Employer contribution / active EE

$11,644

$3,387+243.8%

$5,432+114.3%

$2,343+397.1%

Participant deferral / active EE

$1,997

$3,086-35.3%

$4,939-59.6%

$3,332-40.0%

Admin fee / account holder

$77,858

$5,698+1266.3%

$13,881+460.9%

$4,645+1576.0%

ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC 401(K) PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPAEDIC SURGICAL ASSOCIATES OF MARQUETTE PC 401(K) PS 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