Plan Ledger DOL Form 5500 · updated monthly

Barrington Orthopedic Specialists, LTD.401(k)

BARRINGTON ORTHOPEDIC SPECIALISTS, LTD. 401(K) PROFIT SHARING PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Barrington Orthopedic Specialists, LTD. reported $50,131 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,790 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 0.13% to 0.12%. 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 977th-largest of 3,702 plans among Illinois employers on file, and the 2,000th of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 138 to 184 since 2022.

Plan summary
Net assets, end of year$46,215,732
Participants with balances192
Active participants184
Employer contributions$513,447
Employee contributions$1,096,614
Employer contribution per active participant$2,790
Average account balance$240,707
Benefits paid to participants$1,071,456
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.2M · 192 accts · $513K emplr
2023$38.9M · 172 accts · $460K emplr
2022$32.1M · 175 accts · $438K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,120
Investment management$49,011
Total administrative$50,131
The Barrington Orthopedic Specialists, LTD. 401(k) match · 2024
Employer contribution per active participant$2,790
Median for plans this size$2,416
2024$2,790 per active participant
2023$2,987 per active participant
2022$3,173 per active participant

Barrington Orthopedic Specialists, LTD.'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 · 20244
MINNESOTA LIFE · Recordkeeping · Custodialindirect comp
MINNESOTA LIFEindirect comp
MISSION WEALTH MANAGEMENT LP · Investment managementindirect comp

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

Recordkeeper by year2
2024Securian
2023Securian

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

Administrative cost history3
2024$50,131 · 0.12%
2023$46,480 · 0.13%
2022$44,438 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Addus Healthcare, Inc. IL$48.2M · 0.76%
Experity, Inc. IL$47.5M · 0.03%
Medcor, Inc. IL$47.2M · 0.12%
Pediatrust, LLC IL$43.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363062013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.