Retirement plan

ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN

Name: ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. - ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN, ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD.

ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD.EIN 41-0966155Plan #002PY 2020

1901 CONNECTICUT AVE. S - SARTELL, MN 56377320-259-4100LinkedIn51-200 employeesmedical practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$52M

+19.7% from 2019

Total participants

190

+6.7% from 2019

Average account balance

$273,463

+10.2% from 2019

Annual return

19.08%

-3.90 pp from 2019

Benchmarks

See 5,416 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,416 peers

Snapshot2020

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Analytics

Total assets (EOY)

Plan-year ending balance

$45.45M

Not enough data

1 years with asset history on file

Average account balance

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

$253K

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.

180

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

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

+17.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$391

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 9 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 315 DEADERICK ST. · NASHVILLE, TN 37238	Advisory (Plan)	$69,160
SCHLNNER WENNER & CO CPAS PA1 year Service code 10 630 ROOSEVELT RD STE 201 · ST CLOUD, MN 56302	Accounting	$10,750
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$1,725
TD AMERITRADE, INC.6+ years Service code 33 200 S 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$25
BAIRD FUNDS1 year Filed as: BAIRD FUNDS INC Service code 33	Securities brokerage	$0
FEDERATED1 year Filed as: FEDERATED INSTITUIONAL TRUST Service code 33	Securities brokerage	$0
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Filed as: FIDELITY SECURITIES FUND Service code 33	Securities brokerage	$0
PARNASSUS1 year Filed as: PARNASSUS FUNDS Service code 33	Securities brokerage	$0
PARNASSUS1 year Filed as: PARNASSUS INCOME FUNDS Service code 33	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$12 / participant

Contract admin$2K100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SCHLENNER WENNER & CO.
Auditor EIN: 411656121
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$273,463

$58,879+364.4%

$178,490+53.2%

$73,488+272.1%

Participation rate

100.0%

66.2%+33.8pp

81.9%+18.1pp

70.7%+29.3pp

Annual return

19.08%

24.86%-5.8pp

151.07%-132.0pp

28.51%-9.4pp

Employer contribution / active EE

$6,273

$2,236+180.5%

$5,011+25.2%

$2,270+176.3%

Participant deferral / active EE

$6,464

$2,567+151.8%

$5,202+24.3%

$3,740+72.9%

Admin fee / account holder

$400-97.7%

$13,984-99.9%

$513-98.2%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27

315 DEADERICK ST. · NASHVILLE, TN 37238

Advisory (Plan)

$69,160

SCHLNNER WENNER & CO CPAS PA1 year

Service code 10

630 ROOSEVELT RD STE 201 · ST CLOUD, MN 56302

Accounting

$10,750

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$1,725

TD AMERITRADE, INC.6+ years

Service code 33

200 S 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$25

BAIRD FUNDS1 year

Filed as: BAIRD FUNDS INC

Service code 33

Securities brokerage

FEDERATED1 year

Filed as: FEDERATED INSTITUIONAL TRUST

Service code 33

Securities brokerage

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Filed as: FIDELITY SECURITIES FUND

Service code 33

Securities brokerage

PARNASSUS1 year

Filed as: PARNASSUS FUNDS

Service code 33

Securities brokerage

PARNASSUS1 year

Filed as: PARNASSUS INCOME FUNDS

Service code 33

Securities brokerage

ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. CLOUD ORTHOPEDIC ASSOCIATES, LTD. 401(K) PROFIT SHARING 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