Plan Ledger DOL Form 5500 · updated monthly

American Orthopedic Partners LLC401(k)

AMERICAN ORTHOPEDIC PARTNERS LLC 401(K) PROFIT SHARING PLAN · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

American Orthopedic Partners LLC reported $68,917 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,845 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 0.67% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 987th-largest of 3,644 plans among Florida employers on file, and the 3,270th of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 284 to 350 since 2022.

Plan summary
Net assets, end of year$23,813,611
Participants with balances464
Active participants350
Employer contributions$995,663
Employee contributions$1,566,638
Employer contribution per active participant$2,845
Average account balance$51,322
Benefits paid to participants$989,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 464 accts · $996K emplr
2023$7.4M · 361 accts · $654K emplr
2022$4.9M · 399 accts · $809K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,064
Investment management$35,853
Total administrative$68,917
The American Orthopedic Partners LLC 401(k) match · 2024
Employer contribution per active participant$2,845
Median for plans this size$2,416
2024$2,845 per active participant
2023$5,587 per active participant
2022$2,848 per active participant

American Orthopedic Partners LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$33,064
ALLIANT INSURANCE SERVICES INC. · Investment advisory (plan)$35,853

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,917 · 0.44%
2023$34,884 · 0.57%
2022$19,929 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Cano Health, LLC FL$24.2M · 1.00%
Growth Orthopaedics Mso FL$24.0M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852753219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.