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 2022

Reported admin expense ratio · 2022
0.23%

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

Iowa Orthopaedic Center, P.C. reported $140,105 in plan administrative expenses for 2022: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,219 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 169th-largest of 878 plans among Iowa employers on file, and the 1,671st of 11,911 in health care & social assistance. In 2022, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$57,823,062
Participants with balances462
Active participants337
Employer contributions$2,432,937
Employee contributions$1,739,340
Employer contribution per active participant$7,219
Average account balance$125,158
Benefits paid to participants$2,400,448
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN & COMPANY, LLP
Administrative expenses, itemized · 2022
Professional / advisory$140,105
Total administrative$140,105
The Iowa Orthopaedic Center, P.C. 401(k) match · 2022
Employer contribution per active participant$7,219
Median for plans this size$3,449

Iowa Orthopaedic Center, P.C.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$140,105 · 0.23%
Similar plansHealth Care & Social Assistance · Iowa
Ora Orthopedics, P.C. IA$76.8M · 0.20%
Sioux Center Health IA$46.0M · 0.33%
Impactlife IA$42.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421444344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.