Retirement plan

OTTO BOCK HEALTHCARE LP PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Name: OTTO BOCK HEALTHCARE NORTH AMERICA, INC. - OTTO BOCK HEALTHCARE LP PROFIT SHARING AND RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: OTTO BOCK HEALTHCARE NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OTTO BOCK HEALTHCARE LP PROFIT SHARING AND RETIREMENT SAVINGS PLAN, OTTO BOCK HEALTHCARE NORTH AMERICA, INC.

OTTO BOCK HEALTHCARE NORTH AMERICA, INC.EIN 41-0824465Plan #001PY 2017

11501 ALTERRA PARKWAY, SUITE 600 - AUSTIN, TX 78758512-806-2644

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed January 24, 2012 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$41.3M

No prior year

Total participants

798

No prior year

Average account balance

$55,771

No prior year

Annual return

20.09%

No prior year

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$108.82M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

1,628

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18

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

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Service providers

Top 10 of 26 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$97,489
LPL FINANCIAL1+ years Service code 27 · EIN 04-3046611	Advisory (Plan)	$37,500
BAKER TILLY US, LLP1+ years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 50 · EIN 39-0859910	Direct Payment	$26,413
OGLETREE DEAKINS1+ years Filed as: OGLETREE, DEAKINS, NASH, SMOAK & ST Service code 50 · EIN 57-1044820	Direct Payment	$14,567
BAKER TILLY US, LLP1+ years Filed as: BAKER TILLY VIRCHOW KRAUSE Service code 50 · EIN 39-0859910	Direct Payment	$6,350
BAKER TILLY US, LLP1+ years Filed as: BAKER TILLY VIRCHOW KRAUSE, Service code 50 · EIN 39-0859910	Direct Payment	$5,383
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$852
AB FUNDS1+ years Service code 52 · EIN 13-4064930	Indirect Investment Fees	$0
AMERICAN REALTY ADVISORS1+ years Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN CENTURY1+ years Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$151K

$230 / participant

Investment mgmt$80K53.2%
Contract admin$18K11.8%
Other / not subdivided$53K35.0%

% of EOY assets

0.366%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAKER TILLY VIRCHOW KRAUSE, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,771

$69,305-19.5%

$82,312-32.2%

$69,631-19.9%

Participation rate

91.1%

80.3%+10.9pp

76.9%+14.3pp

70.7%+20.5pp

Annual return

20.09%

21.47%-1.4pp

25.88%-5.8pp

27571.02%-27550.9pp

Employer contribution / active EE

$1,278

$1,887-32.3%

$2,428-47.4%

$2,032-37.1%

Participant deferral / active EE

$3,774

$3,568+5.8%

$3,706+1.8%

$3,224+17.1%

Admin fee / account holder

$204

$97+109.8%

$5,608-96.4%

$110+84.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$97,489

LPL FINANCIAL1+ years

Service code 27 · EIN 04-3046611

Advisory (Plan)

$37,500

BAKER TILLY US, LLP1+ years

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 50 · EIN 39-0859910

Direct Payment

$26,413

OGLETREE DEAKINS1+ years

Filed as: OGLETREE, DEAKINS, NASH, SMOAK & ST

Service code 50 · EIN 57-1044820

Direct Payment

$14,567

BAKER TILLY US, LLP1+ years

Filed as: BAKER TILLY VIRCHOW KRAUSE

Service code 50 · EIN 39-0859910

Direct Payment

$6,350

BAKER TILLY US, LLP1+ years

Filed as: BAKER TILLY VIRCHOW KRAUSE,

Service code 50 · EIN 39-0859910

Direct Payment

$5,383

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$852

AB FUNDS1+ years

Service code 52 · EIN 13-4064930

Indirect Investment Fees

AMERICAN REALTY ADVISORS1+ years

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN CENTURY1+ years

Service code 52 · EIN 44-6006315

Indirect Investment Fees

OTTO BOCK HEALTHCARE LP PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OTTO BOCK HEALTHCARE LP PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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