Retirement plan

CNOS, PC 401(K) PROFIT SHARING PLAN

Name: CNOS, PC - CNOS, PC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CNOS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CNOS, PC 401(K) PROFIT SHARING PLAN, CNOS, PC

CNOS, PCEIN 42-1480644Plan #001PY 2024

575 SIOUX POINT ROAD - DAKOTA DUNES, SD 57049605-217-2667

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$86.6M

+3.5% from 2023

Total participants

382

+10.4% from 2023

Average account balance

$237,919

-7.3% from 2023

Annual return

11.54%

-19.36 pp from 2023

Benchmarks

See 4,131 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,131 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$86.60M

Not enough data

1 years with asset history on file

Average account balance

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

$238K

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.

364

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Filed as: NEWPORT COMPANY INC. Service code 15 · EIN 27-2037969	Recordkeeping	$38,068

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$38K

$129 / participant

Recordkeeping$4K11.2%
Investment mgmt$30K78.8%
Contract admin$4K10.0%

% of EOY assets

0.044%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KING, REINSCH, PROSSER & CO., LLP
Auditor EIN: 420941961
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$237,919

$50,812+368.2%

$155,602+52.9%

$77,692+206.2%

Participation rate

93.9%

63.1%+30.8pp

78.2%+15.7pp

70.6%+23.3pp

Annual return

11.54%

34.85%-23.3pp

64.81%-53.3pp

31.25%-19.7pp

Employer contribution / active EE

$10,753

$1,989+440.7%

$4,675+130.0%

$2,726+294.4%

Participant deferral / active EE

$7,729

$2,822+173.8%

$5,629+37.3%

$4,648+66.3%

Admin fee / account holder

$105

$436-76.0%

$15,923-99.3%

$431-75.7%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT COMPANY INC.

Service code 15 · EIN 27-2037969

Recordkeeping

$38,068

CNOS, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CNOS, PC 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