Retirement plan

NORTH PLATTE PHYSICAL THERAPY SERVICES, INC. PROFIT SHARING PLAN

Name: NORTH PLATTE PHYSICAL THERAPY, INC. - NORTH PLATTE PHYSICAL THERAPY SERVICES, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: NORTH PLATTE PHYSICAL THERAPY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH PLATTE PHYSICAL THERAPY SERVICES, INC. PROFIT SHARING PLAN, NORTH PLATTE PHYSICAL THERAPY, INC.

NORTH PLATTE PHYSICAL THERAPY, INC.EIN 83-0283425Plan #001PY 2023

P.O. BOX 1790 - DOUGLAS, WY 82633307-358-9464northplattept.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19.6M

+24.9% from 2022

Total participants

151

+8.6% from 2022

Average account balance

$152,253

+11.3% from 2022

Annual return

16.17%

+31.33 pp from 2022

Benchmarks

See 5,719 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,719 peers

Snapshot2023

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$27.17M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

146

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.

91.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$686

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
EDWARD JONES7 years Filed as: EDWARD D. JONES & CO., L.P. Service code 26 · EIN 43-0345811	Advisory (Participants)	$29,713
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INC (USA) Service code 26 · EIN 95-2755361	Advisory (Participants)	$3,301
JOHN HANCOCK LIFE INSURANCE COMPANY9+ years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$625

Plan features & details

Pension benefit codes2A2E2F2G3D3H

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.
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

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

$65K

$622 / participant

Recordkeeping$8751.3%
Investment mgmt$33K50.5%
Contract admin$31K48.1%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$152,253

$61,272+148.5%

$149,673+1.7%

$71,457+113.1%

Participation rate

79.0%

62.5%+16.5pp

78.8%+0.3pp

67.9%+11.1pp

Annual return

16.17%

35.85%-19.7pp

134.42%-118.2pp

28.85%-12.7pp

Employer contribution / active EE

$14,749

$2,378+520.1%

$4,818+206.2%

$2,588+470.0%

Participant deferral / active EE

$2,917-100.0%

$5,680-100.0%

$4,289-100.0%

Admin fee / account holder

$507

$1,261-59.8%

$13,210-96.2%

$1,587-68.1%

Provider

Service type

Compensation

EDWARD JONES7 years

Filed as: EDWARD D. JONES & CO., L.P.

Service code 26 · EIN 43-0345811

Advisory (Participants)

$29,713

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INC (USA)

Service code 26 · EIN 95-2755361

Advisory (Participants)

$3,301

JOHN HANCOCK LIFE INSURANCE COMPANY9+ years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$625

NORTH PLATTE PHYSICAL THERAPY SERVICES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH PLATTE PHYSICAL THERAPY SERVICES, INC. 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