Retirement plan

TULSA BONE AND JOINT ASSOCIATES RETIREMENT PLAN

Name: TULSA BONE AND JOINT ASSOCIATES, INC. - TULSA BONE AND JOINT ASSOCIATES RETIREMENT PLAN (2018) Form 5500
Creator: TULSA BONE AND JOINT ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TULSA BONE AND JOINT ASSOCIATES RETIREMENT PLAN, TULSA BONE AND JOINT ASSOCIATES, INC.

TULSA BONE AND JOINT ASSOCIATES, INC.EIN 73-1551429Plan #001PY 2018

4802 S 109TH EAST AVE - TULSA, OK 741465822918-392-1400

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$22.6M

+2.1% from 2017

Total participants

241

+10.6% from 2017

Average account balance

$93,830

-7.6% from 2017

Annual return

-6.92%

-23.49 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$45.25M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

406

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$346

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 5 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC4+ years Service code 27 · EIN 95-3845382	Advisory (Plan)	$43,500
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$26,504
MARINER LLC1 year Filed as: MARINER WEALTH ADVISORS Service code 71 4200 E. SKELLY DRIVE, SUITE 950 · TULSA, OK 74135	Brokerage Fees	$12,036
PASI, LLC4+ years Filed as: PASI LLC Service code 13 · EIN 26-1407927	Contract Administrator	$11,471
TD AMERITRADE, INC.3 years Filed as: TD AMERITRADE, INC Service code 33 · EIN 06-0988655	Securities brokerage	$353

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$84K

$491 / participant

Investment mgmt$56K66.2%
Contract admin$28K33.8%

% of EOY assets

0.371%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,830

$47,977+95.6%

$154,107-39.1%

$56,287+66.7%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

-6.92%

3.54%-10.5pp

735.12%-742.0pp

-9.96%+3.0pp

Employer contribution / active EE

$7,508

$2,169+246.2%

$5,298+41.7%

$2,111+255.7%

Participant deferral / active EE

$5,628

$2,392+135.3%

$5,081+10.8%

$3,350+68.0%

Admin fee / account holder

$348

$438-20.6%

$13,411-97.4%

$521-33.2%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC4+ years

Service code 27 · EIN 95-3845382

Advisory (Plan)

$43,500

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE & ANNUITY INS

Service code 64

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$26,504

MARINER LLC1 year

Filed as: MARINER WEALTH ADVISORS

Service code 71

4200 E. SKELLY DRIVE, SUITE 950 · TULSA, OK 74135

Brokerage Fees

$12,036

PASI, LLC4+ years

Filed as: PASI LLC

Service code 13 · EIN 26-1407927

Contract Administrator

$11,471

TD AMERITRADE, INC.3 years

Filed as: TD AMERITRADE, INC

Service code 33 · EIN 06-0988655

Securities brokerage

$353

TULSA BONE AND JOINT ASSOCIATES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TULSA BONE AND JOINT ASSOCIATES 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