Plan Ledger DOL Form 5500 · updated monthly

Michigan Orthopaedic Surgeons, PLLC401(k)

MICHIGAN ORTHOPAEDIC SURGEONS, PLLC 401(K) PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Michigan Orthopaedic Surgeons, PLLC reported $130,812 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $7,373 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 rose from 0.26% to 0.31%. 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 548th-largest of 2,619 plans among Michigan employers on file, and the 1,991st of 11,911 in health care & social assistance. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves; active participation has grown from 300 to 371 since 2022.

Plan summary
Net assets, end of year$46,538,963
Participants with balances466
Active participants371
Employer contributions$2,735,388
Employee contributions$2,166,051
Employer contribution per active participant$7,373
Average account balance$99,869
Benefits paid to participants$2,490,303
Plan auditUnmodified (clean) audit opinion
AuditorSHINDEL ROCK & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$46.5M · 466 accts · $2.7M emplr
2023$38.8M · 514 accts · $2.5M emplr
2022$34.9M · 419 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,036
Investment management$44,403
Trustee / custodial$15,953
Total administrative$130,812
The Michigan Orthopaedic Surgeons, PLLC 401(k) match · 2024
Employer contribution per active participant$7,373
Median for plans this size$2,416
2024$7,373 per active participant
2023$7,362 per active participant
2022$7,516 per active participant

Michigan Orthopaedic Surgeons, PLLC'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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$69,036
CHARLES SCHWAB TRUST BANK · Recordkeeping · Custodial (securities)$17,373
SCHWARTZ & CO. · Investment advisory (participants) · Investment advisory (plan)$44,403

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

Recordkeeper by year2
2024Charles Schwab, Sentinel Group
2023Charles Schwab, Sentinel Group

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

Administrative cost history3
2024$130,812 · 0.31%
2023$113,685 · 0.31%
2022$95,600 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Emergent Health Partners MI$59.4M · 0.23%
Gift of Life Michigan MI$53.9M · 0.04%
Christian Living Services MI$45.8M · 0.41%
Aspire Rural Health System MI$45.8M · 0.24%
Hospice of Michigan MI$44.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452118278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.