Retirement plan

ORTHOARKANSAS, P.A. PROFIT SHARING PLAN AND TRUST

Name: ORTHOARKANSAS, P.A. - ORTHOARKANSAS, P.A. PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: ORTHOARKANSAS, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOARKANSAS, P.A. PROFIT SHARING PLAN AND TRUST, ORTHOARKANSAS, P.A.

ORTHOARKANSAS, P.A.EIN 71-0485626Plan #001PY 2024

800 FAIR PARK BLVD - LITTLE ROCK, AR 72204501-500-3500orthoarkansas.comLinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$61.1M

+3.3% from 2023

Total participants

572

+15.3% from 2023

Average account balance

$113,719

-12.4% from 2023

Annual return

12.42%

-3.13 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

$61.07M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

537

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.

88.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.92M

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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
CORRELL CO.4 years Filed as: CORRELL CO Service code 64 · EIN 36-3492086	Recordkeeping Fees	$77,742
ADP BROKER-DEALER6 years Filed as: PENSION CONSULTANTS, INC. Service code 27 300 S CAMPBELL · SPRINGFIELD, MO 65806	Advisory (Plan)	$12,500

Plan features & details

Pension benefit codes2A2E2G2J3H

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$90K

$289 / participant

Recordkeeping$78K86.1%
Investment mgmt$13K13.9%

% of EOY assets

0.148%

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: FROST, PLLC
Auditor EIN: 710817652
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$113,719

$50,919+123.3%

$155,556-26.9%

$77,762+46.2%

Participation rate

88.8%

63.1%+25.7pp

78.2%+10.6pp

70.6%+18.2pp

Annual return

12.42%

34.84%-22.4pp

64.84%-52.4pp

31.27%-18.9pp

Employer contribution / active EE

$7,730

$1,991+288.1%

$4,675+65.3%

$2,728+183.3%

Participant deferral / active EE

$4,819

$2,824+70.6%

$5,631-14.4%

$4,651+3.6%

Admin fee / account holder

$168

$437-61.5%

$15,885-98.9%

$433-61.2%

Provider

Service type

Compensation

CORRELL CO.4 years

Filed as: CORRELL CO

Service code 64 · EIN 36-3492086

Recordkeeping Fees

$77,742

ADP BROKER-DEALER6 years

Filed as: PENSION CONSULTANTS, INC.

Service code 27

300 S CAMPBELL · SPRINGFIELD, MO 65806

Advisory (Plan)

$12,500

ORTHOARKANSAS, P.A. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOARKANSAS, P.A. PROFIT SHARING 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