Retirement plan

ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE, P. C. 401(K) PS PLAN

Name: ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE PC - ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE, P. C. 401(K) PS PLAN (2018) Form 5500
Creator: ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE, P. C. 401(K) PS PLAN, ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE PC

ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE PCEIN 38-1958140Plan #002PY 2018

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

Other plans on this EIN

1 filing

#003Retirement-$3.1M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11M

+0.5% from 2017

Total participants

+3.1% from 2017

Average account balance

$169,795

-2.6% from 2017

Annual return

-8.45%

-16.79 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

$254K

$4698 / participant

Other / not subdivided$254K100.0%

% of EOY assets

2.299%

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

$169,795

$75,962+123.5%

$154,111+10.2%

$64,173+164.6%

Participation rate

98.1%

70.4%+27.7pp

83.0%+15.1pp

69.6%+28.6pp

Annual return

-8.45%

30.32%-38.8pp

735.18%-743.6pp

7.63%-16.1pp

Employer contribution / active EE

$3,659

$3,350+9.2%

$5,298-30.9%

$2,381+53.7%

Participant deferral / active EE

$1,620

$3,175-49.0%

$5,081-68.1%

$3,470-53.3%

Admin fee / account holder

$3,903

$5,589-30.2%

$13,411-70.9%

$4,887-20.1%

ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE, P. C. 401(K) PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPAEDIC SURGERY ASSOCIATES OF MARQUETTE, P. C. 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