Retirement plan

TWIN CITIES ORTHOPEDICS, P.A. CASH BALANCE PLAN

Name: INFINITE HEALTH COLLABORATIVE, P.A. - TWIN CITIES ORTHOPEDICS, P.A. CASH BALANCE PLAN (2020) Form 5500
Creator: INFINITE HEALTH COLLABORATIVE, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TWIN CITIES ORTHOPEDICS, P.A. CASH BALANCE PLAN, INFINITE HEALTH COLLABORATIVE, P.A.

INFINITE HEALTH COLLABORATIVE, P.A.EIN 41-1861374Plan #008PY 2020

4200 DAHLBERG DR., SUITE 300 - GOLDEN VALLEY, MN 55422952-512-5625i-health.comLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#007Retirement-$392.2M assets

Prospect flagsLow returnsLow participant contribution

Top hat statement on fileNQDC

Filed December 6, 2022 (most recent of 2 filings on file)

Plan administrator

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4200 Dahlberg Drive Suite 300

Golden Valley, MN 55422

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Plans declared (1)

Infinite Health Collaborative, P. A. Long Term Incentive Plan4 emp

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Total assets (EOY)

$1M

-29.7% from 2016

Total participants

-27.4% from 2016

Average account balance

No prior year

Annual return

-1.82%

-2.56 pp from 2016

Benchmarks

See 13,248 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants<25

Cohort13,248 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-0.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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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 codes1B1C1I

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$21.7M

$10851299 / participant

Other / not subdivided$22M100.0%

% of EOY assets

2120.249%

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

$224,072-100.0%

$220,428-100.0%

$254,173-100.0%

Participation rate

0.0%

49.1%-49.1pp

43.5%-43.5pp

43.1%-43.1pp

Annual return

-1.82%

99.74%-101.6pp

90.61%-92.4pp

259.19%-261.0pp

Employer contribution / active EE

$587,500

$35,080+1574.8%

$32,730+1695.0%

$41,472+1316.6%

Participant deferral / active EE

$39-100.0%

$40-100.0%

$153-100.0%

Admin fee / account holder

$13,610-100.0%

$12,805-100.0%

$21,502-100.0%

TWIN CITIES ORTHOPEDICS, P.A. CASH BALANCE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TWIN CITIES ORTHOPEDICS, P.A. CASH BALANCE PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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