Retirement plan

ORTHOARKANSAS P.A. PROFIT SHARING PLAN AND TRUST

Name: ORTHOARKANSAS, P.A. - ORTHOARKANSAS P.A. PROFIT SHARING PLAN AND TRUST (2019) 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 2019

800 FAIR PARK BLVD. - LITTLE ROCK, AR 72204501-978-2615orthoarkansas.comLinkedIn201-500 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$51M

+1.3% from 2018

Total participants

399

-28.1% from 2018

Average account balance

$127,822

+35.6% from 2018

Annual return

20.22%

-84.85 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

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Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
MARSHFIELD ASSOCIATES1 year Filed as: MASHFIELD ASSOCIATES Service code 19 · EIN 52-1670976	Securities Custodian	$48,272
ADP BROKER-DEALER1 year Filed as: PENSION CONSULTANTS, INC. Service code 27 300 S. CAMPBELL · SPRINGFIELD, MO 65806	Advisory (Plan)	$35,245
U.S. CAPITAL ADVISORS LLC1 year Filed as: US CAPITAL ADVISORS Service code 28 · EIN 27-1135667	Investment Management	$32,081
HOGANTAYLOR LLP1 year Service code 10 11300 CANTRELL RD. STE 301 · LITTLE ROCK, AR 72212	Accounting	$30,000
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES & ASSOCIATES, INC Service code 19 · EIN 59-1237041	Securities Custodian	$22,060
AMERIPRISE FINANCIAL SERVICES INC3 years Filed as: AMERIPRISE FINANCIAL SERVICES Service code 19 709 LONG POINT RD., STE A · MT. PLEASANT, SD 29464	Securities Custodian	$14,255
STEPHENS INC1 year Filed as: STEPHENS Service code 19 111 CENTER ST. · LITTLE ROCK, AR 72201	Securities Custodian	$10,835
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB Service code 19 · EIN 94-1737782	Securities Custodian	$10,535
CPI QUALIFIED PLAN CONSULTANTS, INC1 year Service code 15 · EIN 48-1205033	Recordkeeping	$8,596
SMITH CAPITAL MANAGEMENT INC1 year Filed as: SMITH CAPITAL MANAGEMENT, INC. Service code 28 100 RIVER BLUFF DRIVE, SUITE 410 · LITTLE ROCK, AR 72202	Investment Management	$8,564

Plan features & details

Pension benefit codes2A2E2F2G2J2R

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$256K

$991 / participant

Investment mgmt$170K66.4%
Other / not subdivided$86K33.6%

% of EOY assets

0.501%

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: HOGANTAYLOR LLP
Auditor EIN: 731413977
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,822

$62,928+103.1%

$172,752-26.0%

$67,579+89.1%

Participation rate

100.0%

64.5%+35.5pp

82.6%+17.4pp

71.3%+28.7pp

Annual return

20.22%

30.36%-10.1pp

802.97%-782.7pp

378.56%-358.3pp

Employer contribution / active EE

$5,781

$1,636+253.3%

$5,144+12.4%

$2,148+169.2%

Participant deferral / active EE

$3,819

$2,145+78.0%

$5,198-26.5%

$3,539+7.9%

Admin fee / account holder

$641

$167+284.6%

$13,955-95.4%

$142+350.3%

Provider

Service type

Compensation

MARSHFIELD ASSOCIATES1 year

Filed as: MASHFIELD ASSOCIATES

Service code 19 · EIN 52-1670976

Securities Custodian

$48,272

ADP BROKER-DEALER1 year

Filed as: PENSION CONSULTANTS, INC.

Service code 27

300 S. CAMPBELL · SPRINGFIELD, MO 65806

Advisory (Plan)

$35,245

U.S. CAPITAL ADVISORS LLC1 year

Filed as: US CAPITAL ADVISORS

Service code 28 · EIN 27-1135667

Investment Management

$32,081

HOGANTAYLOR LLP1 year

Service code 10

11300 CANTRELL RD. STE 301 · LITTLE ROCK, AR 72212

Accounting

$30,000

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES & ASSOCIATES, INC

Service code 19 · EIN 59-1237041

Securities Custodian

$22,060

AMERIPRISE FINANCIAL SERVICES INC3 years

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 19

709 LONG POINT RD., STE A · MT. PLEASANT, SD 29464

Securities Custodian

$14,255

STEPHENS INC1 year

Filed as: STEPHENS

Service code 19

111 CENTER ST. · LITTLE ROCK, AR 72201

Securities Custodian

$10,835

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 94-1737782

Securities Custodian

$10,535

CPI QUALIFIED PLAN CONSULTANTS, INC1 year

Service code 15 · EIN 48-1205033

Recordkeeping

$8,596

SMITH CAPITAL MANAGEMENT INC1 year

Filed as: SMITH CAPITAL MANAGEMENT, INC.

Service code 28

100 RIVER BLUFF DRIVE, SUITE 410 · LITTLE ROCK, AR 72202

Investment Management

$8,564

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