Retirement plan

FAMILY ORTHOPEDIC ASSOCIATES, PLC 401K PROFIT SHARING PLAN AND TRUST

Name: FAMILY ORTHOPEDIC ASSOCIATES PLC - FAMILY ORTHOPEDIC ASSOCIATES, PLC 401K PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: FAMILY ORTHOPEDIC ASSOCIATES PLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY ORTHOPEDIC ASSOCIATES, PLC 401K PROFIT SHARING PLAN AND TRUST, FAMILY ORTHOPEDIC ASSOCIATES PLC

FAMILY ORTHOPEDIC ASSOCIATES PLCEIN 38-2265342Plan #001PY 2017

4466 W BRISTOL RD - FLINT, MI 48507810-733-1200LinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15.2M

+4.2% from 2016

Total participants

118

+9.3% from 2016

Average account balance

$128,570

-2.8% from 2016

Annual return

18.04%

+10.86 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.18M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

131

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.

84.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$553

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

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$3.2M

$31559 / participant

Other / not subdivided$3M100.0%

% of EOY assets

21.218%

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

$128,570

$55,453+131.9%

$170,435-24.6%

$62,293+106.4%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

18.04%

21.38%-3.3pp

205.94%-187.9pp

28.90%-10.9pp

Employer contribution / active EE

$6,344

$2,164+193.2%

$5,432+16.8%

$2,042+210.6%

Participant deferral / active EE

$4,956

$2,303+115.2%

$4,939+0.3%

$3,169+56.4%

Admin fee / account holder

$27,280

$455+5894.9%

$13,881+96.5%

$479+5591.2%

FAMILY ORTHOPEDIC ASSOCIATES, PLC 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY ORTHOPEDIC ASSOCIATES, PLC 401K PROFIT SHARING PLAN AND TRUST

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