Plan Ledger DOL Form 5500 · updated monthly

Flagship Oral Surgery Partners, LLC401(k)

FLAGSHIP ORAL SURGERY PARTNERS, LLC 401(K) RETIREMENT PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Flagship Oral Surgery Partners, LLC reported $95,645 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,532 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 0.02% to 0.38%. 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 526th-largest of 2,005 plans among North Carolina employers on file, and the 2,582nd of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 227 to 569 since 2022.

Plan summary
Net assets, end of year$32,848,264
Participants with balances384
Active participants569
Employer contributions$871,521
Employee contributions$2,231,002
Employer contribution per active participant$1,532
Average account balance$85,542
Benefits paid to participants$1,097,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 384 accts · $872K emplr
2023$17.8M · 495 accts · $770K emplr
2022$13.6M · 219 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,645
Total administrative$95,645
The Flagship Oral Surgery Partners, LLC 401(k) match · 2024
Employer contribution per active participant$1,532
Median for plans this size$2,416
2024$1,532 per active participant
2023$1,527 per active participant

Flagship Oral Surgery Partners, LLC's 2024 employer contribution ran below 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
VANGUARD GROUP INC. · Recordkeeping · Loan processing$61,068
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$23,534
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$10,846
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,648

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$95,645 · 0.38%
2023$3,364 · 0.02%
2022$2,307 · 0.02%
Similar plansHealth Care & Social Assistance · North Carolina
Raleigh Medical Group, P.A. NC$35.0M · 0.26%
Harnett Health System, Inc. NC$33.8M · 0.16%
Goldsboro Pediatrics, P.A. NC$33.4M · 0.48%
Horizon Eye Care, P.A. NC$32.8M · 0.07%
Authoracare Collective NC$32.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871634449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.