Plan Ledger DOL Form 5500 · updated monthly

Advanced Orthopaedic Associates, P.A.401(k)

ADVANCED ORTHOPAEDIC ASSOCIATES, P.A. 401(K) PLAN · WICHITA, KS · plan year 2023

Reported admin expense ratio · 2023
0.33%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Advanced Orthopaedic Associates, P.A. reported $83,881 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $9,760 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.36% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 237th-largest of 828 plans among Kansas employers on file, and the 2,975th of 11,911 in health care & social assistance. In 2023, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,212,201
Participants with balances148
Active participants99
Employer contributions$966,218
Employee contributions$757,571
Employer contribution per active participant$9,760
Average account balance$183,866
Benefits paid to participants$1,615,751
Plan auditUnmodified (clean) audit opinion
AuditorVARNEY & ASSOCIATES, CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 145 accts · $994K emplr
2023$27.2M · 148 accts · $966K emplr
2022$23.5M · 140 accts · $902K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,245
Investment management$49,461
Total administrative$83,881
The Advanced Orthopaedic Associates, P.A. 401(k) match · 2023
Employer contribution per active participant$9,760
Median for plans this size$2,440
2024$8,958 per active participant
2023$9,760 per active participant
2022$8,929 per active participant

Advanced Orthopaedic Associates, P.A.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$80,355 · 0.30%
2023$83,881 · 0.33%
2022$89,929 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Infomerge LLC KS$29.6M · 0.16%
Wichita Urology Group, P.A. KS$29.6M · 0.19%
Kansas Medical Center, LLC KS$26.1M · 0.43%
Valley Hope Association KS$24.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481253024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.