Retirement plan

DES MOINES ORTHOPAEDIC SURGEONS, P.C. 401(K) PROFIT SHARING PLAN

Name: DES MOINES ORTHOPAEDIC SURGEONS, P.C. - DES MOINES ORTHOPAEDIC SURGEONS, P.C. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: DES MOINES ORTHOPAEDIC SURGEONS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DES MOINES ORTHOPAEDIC SURGEONS, P.C. 401(K) PROFIT SHARING PLAN, DES MOINES ORTHOPAEDIC SURGEONS, P.C.

DES MOINES ORTHOPAEDIC SURGEONS, P.C.EIN 42-0984558Plan #002PY 2022

6001 WESTOWN PARKWAY - WEST DES MOINES, IA 502667702515-224-1414LinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

1 filing

#004Retirement-$6.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$73M

-15.2% from 2021

Total participants

377

+2.7% from 2021

Average account balance

$198,975

-17.0% from 2021

Annual return

-12.74%

-34.48 pp from 2021

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$92.73M

Not enough data

1 years with asset history on file

Average account balance

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

$240K

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.

387

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.

83.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$18,125
FOSTER GROUP1 year Filed as: FOSTER GROUP, INC. Service code 27 · EIN 42-1361385	Advisory (Plan)	$14,543
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$12,298
STEELE CAPITAL MANAGEMENT, INC.1 year Filed as: STEELE CAPITAL MANAGEMENT, INC Service code 27 · EIN 42-1460565	Advisory (Plan)	$6,851

Plan features & details

Pension benefit codes2E2F2G2J2K2T2R3D

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

$107K

$410 / participant

Investment mgmt$460.0%
Other / not subdivided$107K100.0%

% of EOY assets

0.147%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: RSM US LLP
Auditor EIN: 470741325
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$198,975

$46,292+329.8%

$143,757+38.4%

$64,808+207.0%

Participation rate

96.2%

64.2%+32.0pp

80.3%+15.9pp

71.5%+24.7pp

Annual return

-12.74%

-10.05%-2.7pp

-0.04%-12.7pp

32.82%-45.6pp

Employer contribution / active EE

$10,390

$1,910+444.0%

$4,951+109.8%

$2,506+314.6%

Participant deferral / active EE

$6,493

$2,646+145.4%

$5,637+15.2%

$4,310+50.6%

Admin fee / account holder

$292

$154+90.2%

$14,673-98.0%

$188+55.8%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$18,125

FOSTER GROUP1 year

Filed as: FOSTER GROUP, INC.

Service code 27 · EIN 42-1361385

Advisory (Plan)

$14,543

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$12,298

STEELE CAPITAL MANAGEMENT, INC.1 year

Filed as: STEELE CAPITAL MANAGEMENT, INC

Service code 27 · EIN 42-1460565

Advisory (Plan)

$6,851

DES MOINES ORTHOPAEDIC SURGEONS, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DES MOINES ORTHOPAEDIC SURGEONS, 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