Plan Ledger DOL Form 5500 · updated monthly

Growth Orthopaedics Mso401(k)

GROWTH ORTHOPAEDICS 401(K) PROFIT SHARING PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Growth Orthopaedics Mso reported $138,656 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,113 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 fell from 0.82% to 0.68%. 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 979th-largest of 3,644 plans among Florida employers on file, and the 3,254th of 11,911 in health care & social assistance. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,981,722
Participants with balances420
Active participants294
Employer contributions$621,104
Employee contributions$1,183,709
Employer contribution per active participant$2,113
Average account balance$57,099
Benefits paid to participants$791,746
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 420 accts · $621K emplr
2023$16.5M · 362 accts · $527K emplr
2022$14.1M · 408 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Investment management$138,656
Total administrative$138,656
The Growth Orthopaedics Mso 401(k) match · 2024
Employer contribution per active participant$2,113
Median for plans this size$2,416
2024$2,113 per active participant
2023$1,875 per active participant
2022$3,452 per active participant

Growth Orthopaedics Mso'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 · 20243
MCF ADVISORS LLC · Investment advisory (plan)$86,906
MCGREGOR & ASSOCIATES, INC. · Contract administrator$2,310

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$138,656 · 0.68%
2023$115,031 · 0.75%
2022$130,954 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Cano Health, LLC FL$24.2M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 853612850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.