Plan Ledger DOL Form 5500 · updated monthly

Des Moines Orthopaedic Surgeons, P.C.401(k)

DES MOINES ORTHOPAEDIC SURGEONS, P.C. 401(K) PROFIT SHARING PLAN · WEST DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Des Moines Orthopaedic Surgeons, P.C. reported $126,670 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $9,170 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 0.13% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 103rd-largest of 878 plans among Iowa employers on file, and the 1,160th of 11,911 in health care & social assistance. In 2024, the employer put in $1.54 for every $1.00 employees contributed themselves; active participation has grown from 262 to 325 since 2022.

Plan summary
Net assets, end of year$92,734,210
Participants with balances387
Active participants325
Employer contributions$2,980,330
Employee contributions$1,937,839
Employer contribution per active participant$9,170
Average account balance$239,623
Benefits paid to participants$3,573,822
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$92.7M · 387 accts · $3.0M emplr
2023$81.4M · 379 accts · $3.0M emplr
2022$73.0M · 367 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,605
Investment management$5,440
Total administrative$126,670
The Des Moines Orthopaedic Surgeons, P.C. 401(k) match · 2024
Employer contribution per active participant$9,170
Median for plans this size$3,635
2024$9,170 per active participant
2023$10,450 per active participant
2022$10,390 per active participant

Des Moines Orthopaedic Surgeons, P.C.'s 2024 employer contribution ran above the $3,635 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 · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$90,625
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,680
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,440

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

Administrative cost history3
2024$126,670 · 0.15%
2023$106,626 · 0.14%
2022$107,346 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Pella Regional Health Center IA$101.5M · 0.15%
Wolfe Clinic, P.C. IA$94.0M · 0.09%
Mercy Care Management, Inc. IA$78.4M · 0.11%
Ora Orthopedics, P.C. IA$76.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420984558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.