Retirement plan

CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. RETIREMENT PLAN

Name: CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. - CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. RETIREMENT PLAN (2019) Form 5500
Creator: CHATHAM ORTHOPAEDIC ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. RETIREMENT PLAN, CHATHAM ORTHOPAEDIC ASSOCIATES, P.A.

CHATHAM ORTHOPAEDIC ASSOCIATES, P.A.EIN 58-1132546Plan #001PY 2019

4425 PAULSEN STREET - SAVANNAH, GA 31405912-355-6615chathamorthopaedics.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.8M

-24.9% from 2018

Total participants

199

+19.9% from 2018

Average account balance

$54,104

-37.4% from 2018

Annual return

24.03%

+29.52 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.33M

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

164

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$398

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 5 by compensation

Provider	Service type	Compensation
THE FIDUCIARY GROUP3 years Service code 27 · EIN 58-1111219	Advisory (Plan)	$30,066
SYNOVUS TRUST COMPANY1 year Filed as: SYNOVUS SECURITIES, INC. Service code 28 7402 HODGSON MEMORIAL DRIVE · SAVANNAH, GA 31406	Investment Management	$8,785
SENTINEL PENSION ADVISORS2 years Filed as: SENTINEL BENEFITS & FINANCIAL GROUP Service code 15 · EIN 20-5916766	Recordkeeping	$7,433
COMMONWEALTH FINANCIAL NETWORK1 year Service code 28 29 SAWYER ROAD · WALTHAM, MA 31419	Investment Management	$5,576
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB Service code 28 · EIN 42-1558009	Investment Management	$5,096

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$62K

$505 / participant

Investment mgmt$52K83.6%
Other / not subdivided$10K16.4%

% of EOY assets

0.577%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TJS DEEMER DANA LLP
Auditor EIN: 582663273
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,104

$52,961+2.2%

$172,752-68.7%

$65,185-17.0%

Participation rate

100.0%

66.2%+33.8pp

82.6%+17.4pp

70.2%+29.8pp

Annual return

24.03%

30.12%-6.1pp

802.97%-778.9pp

29.38%-5.4pp

Employer contribution / active EE

$7,541

$2,190+244.3%

$5,144+46.6%

$2,177+246.4%

Participant deferral / active EE

$4,050

$2,471+63.9%

$5,198-22.1%

$3,514+15.2%

Admin fee / account holder

$312

$472-33.9%

$13,955-97.8%

$847-63.2%

Provider

Service type

Compensation

THE FIDUCIARY GROUP3 years

Service code 27 · EIN 58-1111219

Advisory (Plan)

$30,066

SYNOVUS TRUST COMPANY1 year

Filed as: SYNOVUS SECURITIES, INC.

Service code 28

7402 HODGSON MEMORIAL DRIVE · SAVANNAH, GA 31406

Investment Management

$8,785

SENTINEL PENSION ADVISORS2 years

Filed as: SENTINEL BENEFITS & FINANCIAL GROUP

Service code 15 · EIN 20-5916766

Recordkeeping

$7,433

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 28

29 SAWYER ROAD · WALTHAM, MA 31419

Investment Management

$5,576

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB

Service code 28 · EIN 42-1558009

Investment Management

$5,096

CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHATHAM ORTHOPAEDIC ASSOCIATES, P.A. RETIREMENT 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