Plan Ledger DOL Form 5500 · updated monthly

Microport Orthopedics Inc.401(k)

MICROPORT EMPLOYEE RETIREMENT SAVINGS PLAN · ARLINGTON, TN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Microport Orthopedics Inc. reported $116,268 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,785 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 0.14% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 235th-largest of 1,496 plans among Tennessee employers on file, and the 2,552nd of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 515 to 399 since 2022.

Plan summary
Net assets, end of year$66,611,232
Participants with balances681
Active participants399
Employer contributions$1,510,237
Employee contributions$3,386,276
Employer contribution per active participant$3,785
Average account balance$97,814
Benefits paid to participants$10,211,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.6M · 681 accts · $1.5M emplr
2023$62.5M · 714 accts · $1.7M emplr
2022$53.6M · 736 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,511
Investment management$41,757
Total administrative$116,268
The Microport Orthopedics Inc. 401(k) match · 2024
Employer contribution per active participant$3,785
Median for plans this size$3,635
2024$3,785 per active participant
2023$3,541 per active participant
2022$3,171 per active participant

Microport Orthopedics Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,511
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$41,757

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$116,268 · 0.18%
2023$70,379 · 0.12%
2022$80,021 · 0.14%
Same employer
Similar plansManufacturing · Tennessee
Grain Craft, LLC TN$72.6M · 0.18%
Southern Towing Company TN$70.5M · 0.05%
Techmer Pm, LLC TN$69.1M · 0.21%
The Carlstar Group LLC TN$68.9M · 0.35%
Bush Brothers & Company TN$66.3M · 0.23%
Nuclear Fuel Services, Inc. TN$65.5M · 0.06%
Miller Industries, Inc. TN$63.1M · 0.37%
Kasai North America, Inc. TN$55.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463372486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.