Retirement plan

ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S. C. PROFIT SHARING AND 401(K) SAVINGS PLAN

Name: ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S.C. - ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S. C. PROFIT SHARING AND 401(K) SAVINGS PLAN (2023) Form 5500
Creator: ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S. C. PROFIT SHARING AND 401(K) SAVINGS PLAN, ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S.C.

ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S.C.EIN 39-1191205Plan #002PY 2023

12555 W. NATIONAL AVENUE, SUITE 100 - NEW BERLIN, WI 53151262-395-4182LinkedIn51-200 employeesmedical practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20.8M

+15.3% from 2022

Total participants

+3.7% from 2022

Average account balance

$277,248

+10.7% from 2022

Annual return

12.83%

+31.57 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.37M

Not enough data

1 years with asset history on file

Average account balance

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

$245K

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.

133.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$792K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75946

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 codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$358K

$5780 / participant

Other / not subdivided$358K100.0%

% of EOY assets

1.723%

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

$277,248

$77,920+255.8%

$149,723+85.2%

$75,177+268.8%

Participation rate

85.5%

65.6%+19.9pp

78.8%+6.7pp

67.2%+18.3pp

Annual return

12.83%

31.72%-18.9pp

134.50%-121.7pp

160.75%-147.9pp

Employer contribution / active EE

$7,162

$3,138+128.2%

$4,821+48.5%

$2,671+168.1%

Participant deferral / active EE

$5,651

$3,411+65.7%

$5,682-0.5%

$4,126+37.0%

Admin fee / account holder

$4,778

$5,951-19.7%

$13,215-63.8%

$5,651-15.5%

ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S. C. PROFIT SHARING AND 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASPEN ORTHOPAEDIC & REHABILITATION SPECIALISTS, S. C. PROFIT SHARING AND 401(K) 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