Retirement plan

DESERT ORTHOPAEDIC CENTER, LTD. 401(K) PROFIT SHARING PLAN AND TRUST

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

DESERT ORTHOPAEDIC CENTER, LTD.EIN 91-0858192Plan #001PY 2017

2800 E. DESERT INN ROAD STE 100 - LAS VEGAS, NV 89121702-697-7248doclv.comLinkedIn1-10 employeesmedical practice

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$30.8M

+18.8% from 2016

Total participants

256

+14.3% from 2016

Average account balance

$120,474

+3.9% from 2016

Annual return

13.63%

+7.89 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

$65.54M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

468

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.72M

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$390

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 6 by compensation

Provider	Service type	Compensation
THE INVESTMENT COUNSEL COMPANY3+ years Filed as: THE INVESTMENT COUNSEL COMPANY OF N Service code 22 10000 WEST CHARLESTON BLVD. · LAS VEGAS, NV 89135	Insurance Broker	$37,395
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY INS SERVICES, INC. Service code 55	Other Commissions	$18,495
NATIONAL BENEFIT SERVICES, LLC3+ years Service code 13 8523 SOUTH REDWOOD ROAD · WEST JORDAN, UT 84088	Contract Administrator	$10,232
NATIONAL BENEFIT SERVICES, LLC3+ years Filed as: NATIONAL BENEFIT SERVICES, INC. Service code 13	Contract Administrator	$10,000
CORNERSTONE ADVISORS ASSET MGMT2 years Filed as: CORNERSTONE COMMERCE CENTER Service code 53	Insurance Commissions	$8,300
MORGAN STANLEY SMITH BARNEY3+ years Service code 22 · EIN 26-4310632	Insurance Broker	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R3D2T

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.
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

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

$6K

$35 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

0 / 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: KAREN, HENDRICKS, STAGG, ALLEN & CO
Auditor EIN: 870470666
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,474

$55,453+117.3%

$170,435-29.3%

$62,293+93.4%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

13.63%

21.38%-7.7pp

205.94%-192.3pp

28.90%-15.3pp

Employer contribution / active EE

$6,698

$2,164+209.6%

$5,432+23.3%

$2,042+228.0%

Participant deferral / active EE

$5,180

$2,303+124.9%

$4,939+4.9%

$3,169+63.4%

Admin fee / account holder

$23

$455-94.8%

$13,881-99.8%

$479-95.1%

Provider

Service type

Compensation

THE INVESTMENT COUNSEL COMPANY3+ years

Filed as: THE INVESTMENT COUNSEL COMPANY OF N

Service code 22

10000 WEST CHARLESTON BLVD. · LAS VEGAS, NV 89135

Insurance Broker

$37,395

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY INS SERVICES, INC.

Service code 55

Other Commissions

$18,495

NATIONAL BENEFIT SERVICES, LLC3+ years

Service code 13

8523 SOUTH REDWOOD ROAD · WEST JORDAN, UT 84088

Contract Administrator

$10,232

NATIONAL BENEFIT SERVICES, LLC3+ years

Filed as: NATIONAL BENEFIT SERVICES, INC.

Service code 13

Contract Administrator

$10,000

CORNERSTONE ADVISORS ASSET MGMT2 years

Filed as: CORNERSTONE COMMERCE CENTER

Service code 53

Insurance Commissions

$8,300

MORGAN STANLEY SMITH BARNEY3+ years

Service code 22 · EIN 26-4310632

Insurance Broker

DESERT ORTHOPAEDIC CENTER, LTD. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESERT ORTHOPAEDIC CENTER, LTD. 401(K) 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