Plan Ledger DOL Form 5500 · updated monthly

Iowa Orthopaedic Center, P.C.401(k)

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

Reported admin expense ratio · 2024
0.21%

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

Iowa Orthopaedic Center, P.C. reported $133,822 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $7,262 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 0.23% to 0.21%. 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 136th-largest of 878 plans among Iowa employers on file, and the 1,462nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$68,942,170
Participants with balances421
Active participants364
Employer contributions$2,643,431
Employee contributions$1,730,485
Employer contribution per active participant$7,262
Average account balance$163,758
Benefits paid to participants$3,966,810
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$68.9M · 421 accts · $2.6M emplr
2023$61.5M · 414 accts · $2.5M emplr
2022$57.8M · 462 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Investment management$133,822
Total administrative$133,822
The Iowa Orthopaedic Center, P.C. 401(k) match · 2024
Employer contribution per active participant$7,262
Median for plans this size$3,635
2024$7,262 per active participant
2023$7,478 per active participant
2022$7,219 per active participant

Iowa Orthopaedic Center, 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 · 20249
NATIONWIDE · Recordkeeping$66,663
FOSTER GROUP · Investment advisory (participants)$46,413
STEELE CAPITAL MANAGEMENT, INC. · Investment advisory (participants)$28,335
IOWA FINANCIAL PARTNERS · Investment advisory (participants)$17,700
MOKOSAK ADVISORY GROUP, LLC · Investment management · Securities brokerage$12,950
LPL FINANCIAL · Investment management · Securities brokerage$12,732
FIDELITY · Investment advisory (plan)$7,966
MARINER WEALTH ADVISORS · Investment advisory (participants)$7,221

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$133,822 · 0.21%
2023$112,573 · 0.19%
2022$140,105 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
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 420981845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.