Plan Ledger DOL Form 5500 · updated monthly

Midstate Orthopaedic & Sports Medicine Center, Inc.401(k)

MIDSTATE ORTHO 401(K) PLAN · ALEXANDRIA, LA · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Midstate Orthopaedic & Sports Medicine Center, Inc. reported $25,858 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,004 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 1 year on file its reported administrative ratio rose from 0.29% to 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (509th of 884), and 6,578th of 11,911 in health care & social assistance. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,697,200
Participants with balances171
Active participants110
Employer contributions$220,385
Employee contributions$455,298
Employer contribution per active participant$2,004
Average account balance$45,013
Benefits paid to participants$1,261,421
Plan auditUnmodified (clean) audit opinion
AuditorCOOK MARTIN POULSON, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$46 · $136K emplr
2022$7.7M · 171 accts · $220K emplr
Administrative expenses, itemized · 2022
Investment management$25,858
Total administrative$25,858
The Midstate Orthopaedic & Sports Medicine Center, Inc. 401(k) match · 2022
Employer contribution per active participant$2,004
Median for plans this size$1,114

Midstate Orthopaedic & Sports Medicine Center, Inc.'s 2022 employer contribution ran above the $1,114 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 history2
2023$58,680 · 1.52%
2022$25,858 · 0.29%
Similar plansHealth Care & Social Assistance · Louisiana
Compass Health, LLC LA$8.2M · 0.38%
Teche Action Board Inc. LA$8.0M · 0.60%
The Therapy Center of Jdp LA$7.8M · 0.71%
Team Staffing, LLC LA$7.2M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721310991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.