Retirement plan

WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE PROFIT-SHARING PLAN AND TRUST

Name: WESTERN NEPHROLOGY & METABOLIC BONE DISEASE, P.C. - WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE PROFIT-SHARING PLAN AND TRUST (2024) Form 5500
Creator: WESTERN NEPHROLOGY & METABOLIC BONE DISEASE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE PROFIT-SHARING PLAN AND TRUST, WESTERN NEPHROLOGY & METABOLIC BONE DISEASE, P.C.

WESTERN NEPHROLOGY & METABOLIC BONE DISEASE, P.C.EIN 84-1460205Plan #001PY 2024

4891 INDEPENDENCE STREET SUITE 120 - WHEAT RIDGE, CO 80033303-456-5495LinkedIn1-10 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$32.6M

+6.6% from 2023

Total participants

304

-1.6% from 2023

Average account balance

$112,881

+14.0% from 2023

Annual return

13.28%

-6.08 pp from 2023

Benchmarks

See 6,019 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,019 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.62M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

289

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.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

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

+13.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$292

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
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$37,184
COOK STREET CONSULTING7 years Filed as: COOK STREET CONSULTING INC Service code 27 5299 DTC BLVD · GREENWOORD VILLAGE, CO 80111	Advisory (Plan)	$15,000
BROCK AND COMPANY6 years Filed as: BROCK AND COMPANY CPAS PC Service code 10 4940 PEARL E CIRCLE SUITE 300 · BOULDER, CO 80301	Accounting	$12,734
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$11,976
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY CAPITAL MANAGEMENT I Service code 27 1999 HARRISON ST STE 2200 · OAKLAND, CA 94612	Advisory (Plan)	$7,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$84K

$819 / participant

Recordkeeping$37K44.1%
Investment mgmt$34K40.9%
Other / not subdivided$13K15.1%

% of EOY assets

0.259%

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: BROCK AND COMPANY, CPAS, P.C.
Auditor EIN: 840930288
Audit fees: $12,734
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,881

$55,472+103.5%

$155,567-27.4%

$74,546+51.4%

Participation rate

85.4%

61.9%+23.5pp

78.2%+7.2pp

67.2%+18.2pp

Annual return

13.28%

268.72%-255.4pp

64.74%-51.5pp

1366.03%-1352.8pp

Employer contribution / active EE

$4,864

$2,269+114.4%

$4,674+4.1%

$2,624+85.3%

Participant deferral / active EE

$7,872

$2,838+177.4%

$5,628+39.9%

$4,347+81.1%

Admin fee / account holder

$292

$1,743-83.2%

$15,916-98.2%

$1,944-85.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$37,184

COOK STREET CONSULTING7 years

Filed as: COOK STREET CONSULTING INC

Service code 27

5299 DTC BLVD · GREENWOORD VILLAGE, CO 80111

Advisory (Plan)

$15,000

BROCK AND COMPANY6 years

Filed as: BROCK AND COMPANY CPAS PC

Service code 10

4940 PEARL E CIRCLE SUITE 300 · BOULDER, CO 80301

Accounting

$12,734

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$11,976

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY CAPITAL MANAGEMENT I

Service code 27

1999 HARRISON ST STE 2200 · OAKLAND, CA 94612

Advisory (Plan)

$7,500

WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE PROFIT-SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE 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