Retirement plan

SCOI PROFIT SHARING PLAN

Name: SOUTHERN CALIFORNIA ORTHOPEDIC INSTITUTE, LP - SCOI PROFIT SHARING PLAN (2023) Form 5500
Creator: SOUTHERN CALIFORNIA ORTHOPEDIC INSTITUTE, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCOI PROFIT SHARING PLAN, SOUTHERN CALIFORNIA ORTHOPEDIC INSTITUTE, LP

SOUTHERN CALIFORNIA ORTHOPEDIC INSTITUTE, LPEIN 95-3150156Plan #003PY 2023

6815 NOBLE AVENUE - VAN NUYS, CA 91405818-901-6600LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

2 filings

#001Retirement-$36.0M assets #004Retirement-$3.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$27.8M

+17.3% from 2022

Total participants

151

+11.9% from 2022

Average account balance

$212,343

+6.6% from 2022

Annual return

17.45%

+33.75 pp from 2022

Benchmarks

See 5,719 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,719 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$26.47M

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

146

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.

75.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.02M

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$323

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 8 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1 year Filed as: ADP,INC. Service code 15 · EIN 13-3036745 ONE ADP BLVD. · ROSELAND, NJ 07068	Recordkeeping	$14,875
ACTUARIAL BENEFITS CORP9+ years Filed as: ACTUARIAL BENEFITS CORP. Service code 15 · EIN 20-1054428 2790 SKYPARK DR. STE 300 · TORRANCE, CA 90505	Recordkeeping	$10,140
MORGAN STANLEY SMITH BARNEY9+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 1585 BROADWAY · NEW YORK, NY 10036	Recordkeeping	$10,000
WITHUMSMITH+BROWN, PC2 years Filed as: WITHUMSMITHBROWN Service code 15 · EIN 22-2027092 16830 VENTURA BLVD., #501 · ENCINO, CA 91436	Recordkeeping	$6,742
ADP BROKER-DEALER9+ years Service code 15	Recordkeeping	$150
ADP BROKER-DEALER9+ years Filed as: ADP BROKER DEALER Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1 year Service code 59	Shareholder Servicing	$0
TD AMERITRADE, INC.9+ years Service code 33	Securities brokerage; Distribution (1...	$0

Plan features & details

Pension benefit codes2A2E2F2G2T3D3H2R

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$42K

$329 / participant

Investment mgmt$42K100.0%

% of EOY assets

0.150%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: HOLTHOUSE CARLIN & VAN TRIGT LLP
Auditor EIN: 954345526
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$212,343

$61,272+246.6%

$149,673+41.9%

$71,457+197.2%

Participation rate

84.3%

62.5%+21.7pp

78.8%+5.5pp

67.9%+16.3pp

Annual return

17.45%

35.85%-18.4pp

134.42%-117.0pp

28.85%-11.4pp

Employer contribution / active EE

$14,546

$2,378+511.6%

$4,818+201.9%

$2,588+462.1%

Participant deferral / active EE

$2,917-100.0%

$5,680-100.0%

$4,289-100.0%

Admin fee / account holder

$319

$1,261-74.7%

$13,210-97.6%

$1,587-79.9%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: ADP,INC.

Service code 15 · EIN 13-3036745

ONE ADP BLVD. · ROSELAND, NJ 07068

Recordkeeping

$14,875

ACTUARIAL BENEFITS CORP9+ years

Filed as: ACTUARIAL BENEFITS CORP.

Service code 15 · EIN 20-1054428

2790 SKYPARK DR. STE 300 · TORRANCE, CA 90505

Recordkeeping

$10,140

MORGAN STANLEY SMITH BARNEY9+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

1585 BROADWAY · NEW YORK, NY 10036

Recordkeeping

$10,000

WITHUMSMITH+BROWN, PC2 years

Filed as: WITHUMSMITHBROWN

Service code 15 · EIN 22-2027092

16830 VENTURA BLVD., #501 · ENCINO, CA 91436

Recordkeeping

$6,742

ADP BROKER-DEALER9+ years

Service code 15

Recordkeeping

$150

ADP BROKER-DEALER9+ years

Filed as: ADP BROKER DEALER

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1 year

Service code 59

Shareholder Servicing

TD AMERITRADE, INC.9+ years

Service code 33

Securities brokerage; Distribution (1...

SCOI PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCOI PROFIT SHARING PLAN

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