Retirement plan

PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. 401(K) PROFIT SHARING PLAN

Name: PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. - PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. 401(K) PROFIT SHARING PLAN, PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C.

PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C.EIN 62-1619606Plan #001PY 2024

6262 VETERANS PARKWAY - COLUMBUS, GA 31909706-324-6661

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$18.1M

-2.5% from 2023

Total participants

136

+2.3% from 2023

Average account balance

$140,566

-2.5% from 2023

Annual return

14.93%

-4.63 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.13M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

129

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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 6 by compensation

Provider	Service type	Compensation
A&G FINANCIAL MANAGEMENT, LLC7 years Service code 26 · EIN 27-1583339	Advisory (Participants)	$30,400
THOROUGHBRED FINANCIAL SERVICES LLC6 years Filed as: THOROUGHBRED FINANCIAL SERV Service code 26 · EIN 62-1784717	Advisory (Participants)	$8,273
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$7,937
ROBINSON & COLE LLP6 years Filed as: ROBINSON GRIMES AND COMPANY PC Service code 10 · EIN 58-1374304	Accounting	$6,800
CHARLES SCHWAB & CO., INC.7 years Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$73
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$56K

$627 / participant

Recordkeeping$8K14.2%
Investment mgmt$40K72.3%
Legal$7501.3%
Contract admin$7K12.2%

% of EOY assets

0.308%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROBINSON, GRIMES & COMPANY, PC
Auditor EIN: 581374304
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,566

$81,331+72.8%

$155,534-9.6%

$80,935+73.7%

Participation rate

92.1%

66.3%+25.9pp

78.2%+13.9pp

67.7%+24.5pp

Annual return

14.93%

33.37%-18.4pp

64.92%-50.0pp

35.66%-20.7pp

Employer contribution / active EE

$8,927

$3,105+187.5%

$4,675+91.0%

$2,757+223.8%

Participant deferral / active EE

$6,635

$3,454+92.1%

$5,630+17.8%

$4,299+54.3%

Admin fee / account holder

$433

$7,999-94.6%

$15,900-97.3%

$6,924-93.7%

Provider

Service type

Compensation

A&G FINANCIAL MANAGEMENT, LLC7 years

Service code 26 · EIN 27-1583339

Advisory (Participants)

$30,400

THOROUGHBRED FINANCIAL SERVICES LLC6 years

Filed as: THOROUGHBRED FINANCIAL SERV

Service code 26 · EIN 62-1784717

Advisory (Participants)

$8,273

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$7,937

ROBINSON & COLE LLP6 years

Filed as: ROBINSON GRIMES AND COMPANY PC

Service code 10 · EIN 58-1374304

Accounting

$6,800

CHARLES SCHWAB & CO., INC.7 years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$73

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL

Service code 59

Shareholder Servicing

PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER ORTHOPAEDICS & SPORTS MEDICINE, P.L.C. 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