Retirement plan

ESO MANAGEMENT LLC 401K PLAN

Name: ORTHO SPORT AND SPINE PHYSICIANS - ESO MANAGEMENT LLC 401K PLAN (2024) Form 5500
Creator: ORTHO SPORT AND SPINE PHYSICIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ESO MANAGEMENT LLC 401K PLAN, ORTHO SPORT AND SPINE PHYSICIANS

ORTHO SPORT AND SPINE PHYSICIANSEIN 46-4698144Plan #001PY 2024

5788 ROSEWELL RD - ATLANTA, GA 30327912-452-9252orthosportandspine.comLinkedIn201-500 employeesmedical practice

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$8.6M

+72.9% from 2023

Total participants

504

+11.3% from 2023

Average account balance

$17,733

+29.9% from 2023

Annual return

19.92%

-80.30 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.64M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

487

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+19.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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 2 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY3 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$43,924
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 99 · EIN 20-8764829	Other Fees	$28,990

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$45K

$141 / participant

Investment mgmt$7301.6%
Contract admin$42K94.0%
Other / not subdivided$2K4.4%

% of EOY assets

0.516%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WINDHAM BRANNON
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,733

$50,919-65.2%

$155,556-88.6%

$77,762-77.2%

Participation rate

94.6%

63.1%+31.5pp

78.2%+16.4pp

70.6%+24.0pp

Annual return

19.92%

34.84%-14.9pp

64.84%-44.9pp

31.27%-11.3pp

Employer contribution / active EE

$4,028

$1,991+102.3%

$4,675-13.8%

$2,728+47.7%

Participant deferral / active EE

$5,581

$2,824+97.6%

$5,631-0.9%

$4,651+20.0%

Admin fee / account holder

$91

$437-79.1%

$15,885-99.4%

$433-78.9%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$43,924

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 99 · EIN 20-8764829

Other Fees

$28,990

ESO MANAGEMENT LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ESO MANAGEMENT LLC 401K 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