Retirement plan

RENO ORTHOPAEDIC CLINIC PROFIT SHARING PLAN AND TRUST

Name: RENO ORTHOPAEDIC CLINIC, LTD. - RENO ORTHOPAEDIC CLINIC PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: RENO ORTHOPAEDIC CLINIC, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RENO ORTHOPAEDIC CLINIC PROFIT SHARING PLAN AND TRUST, RENO ORTHOPAEDIC CLINIC, LTD.

RENO ORTHOPAEDIC CLINIC, LTD.EIN 88-0103557Plan #001PY 2016

555 NORTH ARLINGTON - RENO, NV 89503775-786-3040renoortho.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$24.8M

+17.0% from 2015

Total participants

287

+4.4% from 2015

Average account balance

$86,266

+11.7% from 2015

Annual return

11.79%

+14.31 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.99M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

522

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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
TCI WEALTH ADVISORS INC1 year Filed as: TCI WEALTH ADVISORS Service code 28 · EIN 86-1002710 4757 CAUGHLIN PKWY SUITE B · RENO, NV 89519	Investment Management	$86,038
ALBRIGHT & ASSOCIATES, LTD2+ years Service code 10 · EIN 88-0149095 1025 RIDGEVIEW DR., SUITE 300 · RENO, NV 89509	Accounting	$23,768
SIERRA PENSION SERVICES, INC.2+ years Service code 11 · EIN 71-0946290 9744 S. VIRGINIA ST., SUITE C · RENO, NV 89511	Actuarial	$15,660
CHARLES SCHWAB & CO., INC.2+ years Service code 28 · EIN 94-1737782 101 MONTGOMERY STREET · SAN FRANCISCO, CA 94104	Investment Management	$2,172
MAUPIN, COX & LEGOY2+ years Service code 29 · EIN 88-0119903 4785 CAUGHLIN PARKWAY · RENO, NV 89519	Legal	$1,102

Plan features & details

Pension benefit codes2A2E2J3D

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.
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.
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

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

$128K

$590 / participant

Investment mgmt$86K67.5%
Other / not subdivided$41K32.5%

% of EOY assets

0.515%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ALBRIGHT & ASSOCIATES, LTD.
Auditor EIN: 880149095
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,266

$46,732+84.6%

$156,551-44.9%

$55,167+56.4%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

11.79%

17.72%-5.9pp

32.23%-20.4pp

169.23%-157.4pp

Employer contribution / active EE

$5,361

$2,105+154.7%

$5,501-2.5%

$1,963+173.2%

Participant deferral / active EE

$3,369

$2,204+52.9%

$4,871-30.8%

$3,054+10.3%

Admin fee / account holder

$444

$418+6.2%

$13,028-96.6%

$504-11.8%

Provider

Service type

Compensation

TCI WEALTH ADVISORS INC1 year

Filed as: TCI WEALTH ADVISORS

Service code 28 · EIN 86-1002710

4757 CAUGHLIN PKWY SUITE B · RENO, NV 89519

Investment Management

$86,038

ALBRIGHT & ASSOCIATES, LTD2+ years

Service code 10 · EIN 88-0149095

1025 RIDGEVIEW DR., SUITE 300 · RENO, NV 89509

Accounting

$23,768

SIERRA PENSION SERVICES, INC.2+ years

Service code 11 · EIN 71-0946290

9744 S. VIRGINIA ST., SUITE C · RENO, NV 89511

Actuarial

$15,660

CHARLES SCHWAB & CO., INC.2+ years

Service code 28 · EIN 94-1737782

101 MONTGOMERY STREET · SAN FRANCISCO, CA 94104

Investment Management

$2,172

MAUPIN, COX & LEGOY2+ years

Service code 29 · EIN 88-0119903

4785 CAUGHLIN PARKWAY · RENO, NV 89519

Legal

$1,102

RENO ORTHOPAEDIC CLINIC PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RENO ORTHOPAEDIC CLINIC 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