Retirement plan

OPERATIONS PATHWAY SYSTEMS L.P. RETIREMENT SAVINGS PLAN

Name: OPERATIONS PATHWAY SYSTEMS, L.P. - OPERATIONS PATHWAY SYSTEMS L.P. RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: OPERATIONS PATHWAY SYSTEMS, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPERATIONS PATHWAY SYSTEMS L.P. RETIREMENT SAVINGS PLAN, OPERATIONS PATHWAY SYSTEMS, L.P.

OPERATIONS PATHWAY SYSTEMS, L.P.EIN 75-2850532Plan #001PY 2024

800 W MAGNOLIA AVE - FORT WORTH, TX 76104817-333-0120

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$22.8M

+16.1% from 2023

Total participants

399

+6.1% from 2023

Average account balance

$95,600

+13.6% from 2023

Annual return

20.44%

-0.42 pp from 2023

Benchmarks

See 4,134 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,134 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.75M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

238

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.

56.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+20.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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 3 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS3 years Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766	Recordkeeping	$34,325
SHERIDAN ROAD ADVISORS LLC3 years Filed as: HUB INTERNATIONAL NORTHEAST Service code 27 · EIN 47-1411118	Advisory (Plan)	$21,855
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB Service code 19 · EIN 82-3967259	Securities Custodian	$7,167

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$63K

$171 / participant

Recordkeeping$34K54.2%
Trustee / custodial$7K10.4%
Investment mgmt$22K34.5%
Other / not subdivided$5800.9%

% of EOY assets

0.278%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LBMC, PC
Auditor EIN: 621199757
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,600

$50,820+88.1%

$155,567-38.5%

$77,671+23.1%

Participation rate

56.6%

63.1%-6.5pp

78.2%-21.6pp

70.6%-14.0pp

Annual return

20.44%

34.85%-14.4pp

64.74%-44.3pp

31.21%-10.8pp

Employer contribution / active EE

$483

$1,993-75.7%

$4,674-89.7%

$2,726-82.3%

Participant deferral / active EE

$4,558

$2,823+61.5%

$5,628-19.0%

$4,648-1.9%

Admin fee / account holder

$266

$436-38.9%

$15,916-98.3%

$430-38.2%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS3 years

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15 · EIN 20-5916766

Recordkeeping

$34,325

SHERIDAN ROAD ADVISORS LLC3 years

Filed as: HUB INTERNATIONAL NORTHEAST

Service code 27 · EIN 47-1411118

Advisory (Plan)

$21,855

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 82-3967259

Securities Custodian

$7,167

OPERATIONS PATHWAY SYSTEMS L.P. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPERATIONS PATHWAY SYSTEMS L.P. RETIREMENT SAVINGS 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