Plan Ledger DOL Form 5500 · updated monthly

Beach Cities Orthopedic401(k)

BEACH CITIES ORTHOPEDIC 401(K) PROFIT SHARING PLAN · MANHATTAN BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Beach Cities Orthopedic reported $9,073 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $2,158 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 0.18% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,878th of 9,483), and 9,300th of 11,911 in health care & social assistance. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 23 to 119 since 2022.

Plan summary
Net assets, end of year$2,946,188
Participants with balances224
Active participants119
Employer contributions$256,859
Employee contributions$253,234
Employer contribution per active participant$2,158
Average account balance$13,153
Benefits paid to participants$576,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 224 accts · $257K emplr
2023$2.7M · 229 accts · $101K emplr
2022$2.1M · 119 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,073
Total administrative$9,073
The Beach Cities Orthopedic 401(k) match · 2024
Employer contribution per active participant$2,158
Median for plans this size$1,313
2024$2,158 per active participant
2023$762 per active participant

Beach Cities Orthopedic's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$9,073 · 0.32%
2023$1,065 · 0.04%
2022$4,425 · 0.18%
Similar plansHealth Care & Social Assistance · California
Madison Creek Partners CA$3.0M · 2.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263261790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.