Retirement plan

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

Name: WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. - WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C. EMPLOYEE PROFIT-SHARING PLAN AND TRUST (2019) Form 5500
Creator: WESTERN NEPHROLOGY AND 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 AND METABOLIC BONE DISEASE, P.C.

WESTERN NEPHROLOGY AND METABOLIC BONE DISEASE, P.C.EIN 84-1460205Plan #001PY 2019

4891 INDEPENDENCE STREET, SUITE 120 - WHEAT RIDGE, CO 800336711303-456-5495LinkedIn1-10 employeeshospital & health care

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$22.2M

+13.2% from 2018

Total participants

225

+11.4% from 2018

Average account balance

$101,791

+0.2% from 2018

Annual return

19.98%

+24.83 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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
COOK STREET CONSULTING2 years Filed as: COOK STREET CONSULTING INC Service code 27 5299 DTC BLVD STE 1150 · GREENWOOD VILLAGE, CO 80111	Advisory (Plan)	$27,000
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: GREAT-WEST LIFE&ANNUNITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$22,388
BROCK AND COMPANY1 year Filed as: BROCK AND COMPANY CPAS PC Service code 10 4949 PEARL EAST CIRCLE, SUITE 200 · BOULDER, CO 80301	Accounting	$8,118
GOLDLEAF PARTNERS3 years Filed as: GOLDLEAF PARTNERS SERVICES Service code 13 8009 34TH AVE S · MINNEAPOLIS, MN 55425	Contract Administrator	$6,630
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,137

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$65K

$694 / participant

Investment mgmt$28K43.1%
Contract admin$7K10.2%
Other / not subdivided$31K46.7%

% of EOY assets

0.294%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BROCK AND COMPANY CPAS P.C.
Auditor EIN: 840930288
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,791

$85,169+19.5%

$172,755-41.1%

$72,983+39.5%

Participation rate

92.6%

70.1%+22.5pp

82.6%+9.9pp

69.5%+23.1pp

Annual return

19.98%

27.32%-7.3pp

802.94%-783.0pp

81.01%-61.0pp

Employer contribution / active EE

$5,308

$3,324+59.7%

$5,144+3.2%

$2,440+117.5%

Participant deferral / active EE

$8,074

$3,260+147.7%

$5,198+55.3%

$3,608+123.8%

Admin fee / account holder

$299

$5,880-94.9%

$13,955-97.9%

$5,124-94.2%

Provider

Service type

Compensation

COOK STREET CONSULTING2 years

Filed as: COOK STREET CONSULTING INC

Service code 27

5299 DTC BLVD STE 1150 · GREENWOOD VILLAGE, CO 80111

Advisory (Plan)

$27,000

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: GREAT-WEST LIFE&ANNUNITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$22,388

BROCK AND COMPANY1 year

Filed as: BROCK AND COMPANY CPAS PC

Service code 10

4949 PEARL EAST CIRCLE, SUITE 200 · BOULDER, CO 80301

Accounting

$8,118

GOLDLEAF PARTNERS3 years

Filed as: GOLDLEAF PARTNERS SERVICES

Service code 13

8009 34TH AVE S · MINNEAPOLIS, MN 55425

Contract Administrator

$6,630

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,137

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