Retirement plan

SOUTHEAST ORTHOPEDIC SPECIALISTS 401(K) PLAN AND TRUST

Name: SOUTHEAST ORTHOPEDIC SPECIALISTS, LLC - SOUTHEAST ORTHOPEDIC SPECIALISTS 401(K) PLAN AND TRUST (2024) Form 5500
Creator: SOUTHEAST ORTHOPEDIC SPECIALISTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHEAST ORTHOPEDIC SPECIALISTS 401(K) PLAN AND TRUST, SOUTHEAST ORTHOPEDIC SPECIALISTS, LLC

SOUTHEAST ORTHOPEDIC SPECIALISTS, LLCEIN 59-3696338Plan #002PY 2024

6800 SOUTHPOINT PARKWAY, SUITE 300 - JACKSONVILLE, FL 32216904-634-0640se-ortho.comLinkedIn501-1000 employeesmedical practice

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$25.4M

+22.7% from 2023

Total participants

227

+12.4% from 2023

Average account balance

$128,267

+12.2% from 2023

Annual return

14.58%

-2.53 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.40M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

198

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.

80.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32

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 4 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 99 · EIN 82-1434504	Other Fees	$45,919
SOUTHEAST ORTHOPEDIC SPECIALISTS1 year Service code 99 · EIN 59-3696338	Other Fees	$17,164
RETIREMENT SOLUTIONS SPECIALISTS3 years Service code 49 PO BOX 601070 · JACKSONVILLE, FL 32260	Other Services	$14,142
VOYA RETIREMENT INSURANCE & ANNUITY4 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$3,023

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

1 tripped

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

$6K

$43 / participant

Contract admin$6K100.0%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PIVOT CPAS
Auditor EIN: 200708248
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,267

$55,446+131.3%

$155,574-17.6%

$74,429+72.3%

Participation rate

80.4%

61.9%+18.5pp

78.2%+2.2pp

67.2%+13.2pp

Annual return

14.58%

269.20%-254.6pp

64.87%-50.3pp

1368.38%-1353.8pp

Employer contribution / active EE

$4,440

$2,266+95.9%

$4,676-5.0%

$2,625+69.2%

Participant deferral / active EE

$9,463

$2,836+233.7%

$5,629+68.1%

$4,348+117.6%

Admin fee / account holder

$32

$1,743-98.1%

$15,914-99.8%

$1,944-98.3%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 99 · EIN 82-1434504

Other Fees

$45,919

SOUTHEAST ORTHOPEDIC SPECIALISTS1 year

Service code 99 · EIN 59-3696338

Other Fees

$17,164

RETIREMENT SOLUTIONS SPECIALISTS3 years

Service code 49

PO BOX 601070 · JACKSONVILLE, FL 32260

Other Services

$14,142

VOYA RETIREMENT INSURANCE & ANNUITY4 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$3,023

SOUTHEAST ORTHOPEDIC SPECIALISTS 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHEAST ORTHOPEDIC SPECIALISTS 401(K) PLAN AND TRUST

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