Retirement plan

IOWA ORTHOPAEDIC CENTER, P.C. 401(K) PROFIT SHARING PLAN

Name: IOWA ORTHOPAEDIC CENTER, P.C. - IOWA ORTHOPAEDIC CENTER, P.C. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: IOWA ORTHOPAEDIC CENTER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IOWA ORTHOPAEDIC CENTER, P.C. 401(K) PROFIT SHARING PLAN, IOWA ORTHOPAEDIC CENTER, P.C.

IOWA ORTHOPAEDIC CENTER, P.C.EIN 42-0981845Plan #001PY 2017

450 LAUREL STREET, SUITE A - DES MOINES, IA 50314515-247-8400LinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$40.9M

+19.7% from 2016

Total participants

418

-3.0% from 2016

Average account balance

$97,899

+23.4% from 2016

Annual return

13.56%

+3.97 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$68.94M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

421

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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

Top 7 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$69,003
FOSTER GROUP1 year Service code 26 6601 WESTOWN PARKWAY · WEST DES MOINES, IA 50266	Advisory (Participants)	$24,891
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 28 5465 MILLS CIVIC PARKWAY · WEST DES MOINES, IA 502665318	Investment Management	$17,819
BOYLE CAPITAL MANAGEMENT2 years Service code 26 1230 OFFICE PLAZA DRIVE · WEST DES MOINES, IA 50266	Advisory (Participants)	$15,323
STEELE CAPITAL MANAGEMENT, INC.2 years Service code 26 788 MAIN STREET · DUBUQUE, IA 52001	Advisory (Participants)	$15,120
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: PRUDENTIAL Service code 28 2501 SE TONES DRIVE · ANKENY, IA 50021	Investment Management	$10,574
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL SECURITIES Service code 53 711 HIGH STREET · DES MOINES, IA 503921140	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$90K

$291 / participant

Other / not subdivided$90K100.0%

% of EOY assets

0.219%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DENMAN & COMPANY, LLP
Auditor EIN: 420794029
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,899

$46,173+112.0%

$170,439-42.6%

$69,631+40.6%

Participation rate

100.0%

63.9%+36.1pp

83.6%+16.4pp

70.7%+29.3pp

Annual return

13.56%

21.62%-8.1pp

205.94%-192.4pp

27571.02%-27557.5pp

Employer contribution / active EE

$5,885

$1,610+265.6%

$5,433+8.3%

$2,032+189.6%

Participant deferral / active EE

$3,736

$2,080+79.6%

$4,939-24.4%

$3,224+15.9%

Admin fee / account holder

$215

$116+85.3%

$13,881-98.5%

$110+94.5%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$69,003

FOSTER GROUP1 year

Service code 26

6601 WESTOWN PARKWAY · WEST DES MOINES, IA 50266

Advisory (Participants)

$24,891

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 28

5465 MILLS CIVIC PARKWAY · WEST DES MOINES, IA 502665318

Investment Management

$17,819

BOYLE CAPITAL MANAGEMENT2 years

Service code 26

1230 OFFICE PLAZA DRIVE · WEST DES MOINES, IA 50266

Advisory (Participants)

$15,323

STEELE CAPITAL MANAGEMENT, INC.2 years

Service code 26

788 MAIN STREET · DUBUQUE, IA 52001

Advisory (Participants)

$15,120

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: PRUDENTIAL

Service code 28

2501 SE TONES DRIVE · ANKENY, IA 50021

Investment Management

$10,574

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL SECURITIES

Service code 53

711 HIGH STREET · DES MOINES, IA 503921140

Insurance Commissions

IOWA ORTHOPAEDIC CENTER, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IOWA ORTHOPAEDIC CENTER, P.C. 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