Plan Ledger DOL Form 5500 · updated monthly

Fox Valley Orthopaedic Associates, S.C.401(k)

FOX VALLEY ORTHOPAEDIC ASSOCIATES, S.C. PROFIT SHARING AND SAVINGS PLAN · GENEVA, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Fox Valley Orthopaedic Associates, S.C. reported $54,093 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,797 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 3 years on file its reported administrative ratio has held roughly steady near 0.13%. 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 980th-largest of 3,702 plans among Illinois employers on file, and the 2,019th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 169 to 255 since 2022.

Plan summary
Net assets, end of year$45,647,577
Participants with balances318
Active participants255
Employer contributions$1,223,183
Employee contributions$1,431,743
Employer contribution per active participant$4,797
Average account balance$143,546
Benefits paid to participants$1,158,544
Plan auditUnmodified (clean) audit opinion
AuditorDUGAN & LOPATKA
Plan history3
Yearassets · accounts · employer contribution
2024$45.6M · 318 accts · $1.2M emplr
2023$38.4M · 285 accts · $1.1M emplr
2022$30.9M · 227 accts · $922K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,093
Total administrative$54,093
The Fox Valley Orthopaedic Associates, S.C. 401(k) match · 2024
Employer contribution per active participant$4,797
Median for plans this size$2,416
2024$4,797 per active participant
2023$4,922 per active participant
2022$5,456 per active participant

Fox Valley Orthopaedic Associates, S.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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$54,093
ADMINISTRATIVE RETIREMENT SERVICES · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANGEMENT L · Investment advisory (participants)indirect comp

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$54,093 · 0.13%
2023$47,670 · 0.14%
2022$45,955 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Experity, Inc. IL$47.5M · 0.03%
Medcor, Inc. IL$47.2M · 0.12%
Pediatrust, LLC IL$43.3M · 0.12%
Kirby Medical Center IL$42.4M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362796281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.