Retirement plan

ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, P.C. 401(K) PROFIT SHARING PLAN

Name: ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, PC - ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, P.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, P.C. 401(K) PROFIT SHARING PLAN, ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, PC

ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, PCEIN 84-0593455Plan #001PY 2024

2500 EAST PROSPECT ROAD - FORT COLLINS, CO 80525970-493-0112orthohealth.comLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$15.3M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$87.6M

+14.5% from 2023

Total participants

751

+8.4% from 2023

Average account balance

$117,367

+4.8% from 2023

Annual return

13.28%

-2.15 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

$87.56M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

746

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.28%

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3 years Filed as: PRINCIPAL LIFE INSURANCE Service code 13 · EIN 42-0127290	Contract Administrator	$51,989
AB FUNDS1 year Filed as: ALLIANCEBERNSTEIN L.P. Service code 27 · EIN 13-4064930	Advisory (Plan)	$51,148
CHARLES SCHWAB & CO., INC.1 year Filed as: REA & ASSOCIATES, INC. Service code 13	Contract Administrator	$23,762
REA & ASSOCIATES, INC 34-13101241 year Filed as: REA & ASSSOCIATES, INC. Service code 13 · EIN 34-1310124	Contract Administrator	$17,367
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$126K

$201 / participant

Investment mgmt$51K40.7%
Contract admin$70K55.4%
Other / not subdivided$5K3.9%

% of EOY assets

0.144%

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: PLANTE & MORAN, PLLC
Auditor EIN: 331498605
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,367

$50,902+130.6%

$155,534-24.5%

$77,736+51.0%

Participation rate

99.2%

63.1%+36.1pp

78.2%+21.0pp

70.6%+28.6pp

Annual return

13.28%

34.85%-21.6pp

64.92%-51.6pp

31.26%-18.0pp

Employer contribution / active EE

$4,355

$1,991+118.7%

$4,675-6.8%

$2,728+59.7%

Participant deferral / active EE

$4,719

$2,824+67.1%

$5,630-16.2%

$4,651+1.5%

Admin fee / account holder

$168

$437-61.4%

$15,900-98.9%

$433-61.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Filed as: PRINCIPAL LIFE INSURANCE

Service code 13 · EIN 42-0127290

Contract Administrator

$51,989

AB FUNDS1 year

Filed as: ALLIANCEBERNSTEIN L.P.

Service code 27 · EIN 13-4064930

Advisory (Plan)

$51,148

CHARLES SCHWAB & CO., INC.1 year

Filed as: REA & ASSOCIATES, INC.

Service code 13

Contract Administrator

$23,762

REA & ASSOCIATES, INC 34-13101241 year

Filed as: REA & ASSSOCIATES, INC.

Service code 13 · EIN 34-1310124

Contract Administrator

$17,367

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORTHOPAEDIC & SPINE CENTER OF THE ROCKIES, P.C. 401(K) 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