Retirement plan

NEVADA ORTHOPEDIC AND SPINE CENTER 401K PROFIT SHARING PLAN AND TRUST

Name: NEVADA ORTHOPEDIC AND SPINE CENTER - NEVADA ORTHOPEDIC AND SPINE CENTER 401K PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: NEVADA ORTHOPEDIC AND SPINE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEVADA ORTHOPEDIC AND SPINE CENTER 401K PROFIT SHARING PLAN AND TRUST, NEVADA ORTHOPEDIC AND SPINE CENTER

NEVADA ORTHOPEDIC AND SPINE CENTEREIN 88-0313907Plan #001PY 2017

7455 W. WASHINGTON AVENUE, SUITE 160 - LAS VEGAS, NV 89128702-878-0393nevadaorthopedic.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh retiree %Recently reached 100 employees

How to read this page

Total assets (EOY)

$17.8M

+28.6% from 2016

Total participants

213

+41.1% from 2016

Average account balance

$89,863

-42.2% from 2016

Annual return

20.55%

+14.37 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.93M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

235

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.

66.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$60

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 4 by compensation

Provider	Service type	Compensation
PIERCY, BOWLER, TAYLOR & KERN1 year Filed as: PIERCY BOWLER TAYLOR AND KERN Service code 10 · EIN 88-0265237	Accounting	$15,165
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480	Insurance Broker	$6,556
THE RETIREMENT ADVANTAGE INC2 years Filed as: THE RETIREMENT ADVANTAGE, INC. Service code 15 · EIN 39-1816008	Recordkeeping	$6,394
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA FINANCIAL LIFE INSURA Service code 15 · EIN 36-6071399	Recordkeeping	$3,965

Plan features & details

Pension benefit codes2E2J2K2H3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$24K

$168 / participant

Contract admin$24K100.0%

% of EOY assets

0.137%

all-in expense ratio

Categories reported

1 / 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: ELLSWORTH & STOUT, LLC
Auditor EIN: 261629858
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,863

$55,453+62.1%

$170,439-47.3%

$62,293+44.3%

Participation rate

89.7%

66.4%+23.3pp

83.6%+6.1pp

69.5%+20.1pp

Annual return

20.55%

21.38%-0.8pp

205.94%-185.4pp

28.90%-8.4pp

Employer contribution / active EE

$4,306

$2,164+99.0%

$5,433-20.7%

$2,042+110.8%

Participant deferral / active EE

$5,232

$2,303+127.2%

$4,939+5.9%

$3,169+65.1%

Admin fee / account holder

$123

$455-72.9%

$13,881-99.1%

$479-74.3%

Provider

Service type

Compensation

PIERCY, BOWLER, TAYLOR & KERN1 year

Filed as: PIERCY BOWLER TAYLOR AND KERN

Service code 10 · EIN 88-0265237

Accounting

$15,165

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 22 · EIN 13-2808480

Insurance Broker

$6,556

THE RETIREMENT ADVANTAGE INC2 years

Filed as: THE RETIREMENT ADVANTAGE, INC.

Service code 15 · EIN 39-1816008

Recordkeeping

$6,394

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA FINANCIAL LIFE INSURA

Service code 15 · EIN 36-6071399

Recordkeeping

$3,965

NEVADA ORTHOPEDIC AND SPINE CENTER 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEVADA ORTHOPEDIC AND SPINE CENTER 401K 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