Plan Ledger DOL Form 5500 · updated monthly

Augusta Orthopedic & Sports Medicine Specialists, P.C.401(k)

AUGUSTA ORTHOPEDIC & SPORTS MEDICINE SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN · AUGUSTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Augusta Orthopedic & Sports Medicine Specialists, P.C. reported $116,814 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,960 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 rose from 0.70% to 0.78%. 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 967th-largest of 2,160 plans among Georgia employers on file, and the 4,199th of 11,911 in health care & social assistance. In 2024, the employer put in $5.47 for every $1.00 employees contributed themselves; active participation has grown from 100 to 113 since 2022.

Plan summary
Net assets, end of year$16,539,560
Participants with balances141
Active participants113
Employer contributions$1,351,475
Employee contributions$246,954
Employer contribution per active participant$11,960
Average account balance$117,302
Benefits paid to participants$417,803
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 141 accts · $1.4M emplr
2023$13.3M · 141 accts · $1.2M emplr
2022$10.2M · 136 accts · $942K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,814
Total administrative$116,814
The Augusta Orthopedic & Sports Medicine Specialists, P.C. 401(k) match · 2024
Employer contribution per active participant$11,960
Median for plans this size$2,416
2024$11,960 per active participant
2023$10,782 per active participant
2022$9,421 per active participant

Augusta Orthopedic & Sports Medicine Specialists, P.C.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
JOHN HANCOCK LIFE INSURANCE · Recordkeeping · Investment management$804
APOLLON WEALTH MANAGEMENT · Investment advisory (participants)$35,211
THE MAHURIN GROUP · Investment advisory (participants)$19,714
JACQUELINE LISTER · Investment advisory (participants)$18,675
STRATEGIC FINANCIAL MANAGEMENT · Investment advisory (participants)$16,200
FIRETHORN WEALTH PARTNERS · Investment advisory (participants)$2,991

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$116,814 · 0.78%
2023$90,959 · 0.77%
2022$63,119 · 0.70%
Similar plansHealth Care & Social Assistance · Georgia
Medquest Associates, LLC GA$16.7M · 0.84%
Primrose Holdings LLC GA$16.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581327528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.