Plan Ledger DOL Form 5500 · updated monthly

Gem City Bone & Joint, P.C.401(k)

GEM CITY BONE & JOINT, P.C. 401(K) PLAN · LARAMINE, WY · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Gem City Bone & Joint, P.C. reported $81,891 in plan administrative expenses for 2023: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,350 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 1 year on file its reported administrative ratio fell from 0.66% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 31st-largest of 81 plans among Wyoming employers on file, and the 4,245th of 11,911 in health care & social assistance. In 2023, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,303,405
Participants with balances241
Active participants134
Employer contributions$448,921
Employee contributions$775,388
Employer contribution per active participant$3,350
Average account balance$67,649
Benefits paid to participants$987,121
Plan auditUnmodified (clean) audit opinion
AuditorSOUKUP BUSH & ASSOCIATES, CPAS, P.C
Plan history2
Yearassets · accounts · employer contribution
2023$16.3M · 241 accts · $449K emplr
2022$14.0M · 209 accts · $404K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,891
Total administrative$81,891
The Gem City Bone & Joint, P.C. 401(k) match · 2023
Employer contribution per active participant$3,350
Median for plans this size$2,440
2023$3,350 per active participant
2022$3,133 per active participant

Gem City Bone & Joint, P.C.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE MANAGEMENT ADVISORS, LLC · Recordkeeping$19,177
LEAFHOUSE FINANCIAL ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$19,603
WEALTH MANAGEMENT ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$19,593

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

Administrative cost history2
2023$81,891 · 0.54%
2022$104,720 · 0.66%
Similar plansHealth Care & Social Assistance · Wyoming
Ivinson Memorial Hospital WY$58.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830219655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.