Retirement plan

CNOS, PC 401(K) PROFIT SHARING PLAN

Name: CNOS, PC - CNOS, PC 401(K) PROFIT SHARING PLAN (2023) 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 2023

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$83.7M

-8.7% from 2016

Total participants

346

-14.8% from 2016

Average account balance

$256,650

-7.4% from 2016

Annual return

30.90%

-10.43 pp from 2016

Benchmarks

See 4,033 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,033 peers

Snapshot2023

Participant deferral / active EE

$7,323

median $2,128

Employer contribution / active EE

$10,434

median $1,073

Participation rate

93.1%

median 68.7%

Avg account balance

$256,650

median $30,931

Admin fee / account holder

$68

median $121

Annual return

30.90%

median 16.99%

Overall peer rank

86of 100

86th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$86.60M

Average account balance

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

$238K

Participants with account balance

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

364

Eligible Participants and Participation

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

93.9%

Contributions (total)

Employer and participant dollars contributed each year

$5.45M

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.54%

Admin fee / account holder

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

$105

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.2 years Filed as: NEWPORT COMPANY INC. Service code 15 · EIN 27-2037969	Recordkeeping	$14,793
HOMAN WEALTH ADVISORS1 year Service code 27 12829 WEST DODGE RD. · OMAHA, NE 68154	Advisory (Plan)	$7,533

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$22K

$78 / participant

Recordkeeping$1K6.4%
Investment mgmt$8K33.7%
Contract admin$13K59.9%

% of EOY assets

0.027%

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

$256,650

$47,173+444.1%

$149,740+71.4%

$74,478+244.6%

Participation rate

93.1%

63.4%+29.7pp

78.8%+14.3pp

70.7%+22.3pp

Annual return

30.90%

22.75%+8.1pp

134.51%-103.6pp

34.37%-3.5pp

Employer contribution / active EE

$10,434

$1,903+448.3%

$4,821+116.4%

$2,637+295.7%

Participant deferral / active EE

$7,323

$2,730+168.3%

$5,683+28.8%

$4,530+61.6%

Admin fee / account holder

$68

$343-80.0%

$13,222-99.5%

$347-80.3%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT COMPANY INC.

Service code 15 · EIN 27-2037969

Recordkeeping

$14,793

HOMAN WEALTH ADVISORS1 year

Service code 27

12829 WEST DODGE RD. · OMAHA, NE 68154

Advisory (Plan)

$7,533

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