Plan Ledger DOL Form 5500 · updated monthly

Asc Ortho Management Company, LLC401(k)

ASC ORTHO MANAGEMENT COMPANY, LLC 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Asc Ortho Management Company, LLC reported $215,448 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,116 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 0.59% to 0.47%. 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 310th-largest of 1,671 plans among Maryland employers on file, and the 1,823rd of 11,911 in health care & social assistance. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 310 to 572 since 2022.

Plan summary
Net assets, end of year$51,610,101
Participants with balances619
Active participants572
Employer contributions$2,354,430
Employee contributions$2,484,495
Employer contribution per active participant$4,116
Average account balance$83,377
Benefits paid to participants$2,452,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.6M · 619 accts · $2.4M emplr
2023$40.9M · 493 accts · $1.4M emplr
2022$31.5M · 5 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,045
Investment management$167,403
Total administrative$215,448
The Asc Ortho Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,116
Median for plans this size$2,416
2024$4,116 per active participant
2023$2,191 per active participant
2022$6,348 per active participant

Asc Ortho Management Company, 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 · 20246
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$48,303
CREATIVE PLANNING HOLDCO LLC · Investment management$90,961
CITY NATIONAL ROCHDALE LLC · Investment advisory (participants)$64,487
HIGHTOWER ADVISORS LLC · Investment advisory (participants)$6,272
MORNINGSTAR INVESTMENT SERVICE · Investment advisory (participants)$5,030
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,240

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$215,448 · 0.47%
2023$147,481 · 0.41%
2022$163,627 · 0.59%
Similar plansHealth Care & Social Assistance · Maryland
Qlarant, Inc. MD$60.4M · 0.00%
Service Coordination, Inc. MD$46.7M · 0.28%
Adfinitas Management, LLC MD$44.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831642974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.