Plan Ledger DOL Form 5500 · updated monthly

Midwest Orthopaedic Center S.C.401(k)

MIDWEST ORTHOPAEDIC CENTER S.C. 401(K) PROFIT SHARING PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Midwest Orthopaedic Center S.C. reported $6,896 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,045 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 0.005% to 0.014%. 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 888th-largest of 3,702 plans among Illinois employers on file, and the 1,820th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,805,132
Participants with balances167
Active participants115
Employer contributions$1,155,228
Employee contributions$985,550
Employer contribution per active participant$10,045
Average account balance$310,210
Benefits paid to participants$4,602,151
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.8M · 167 accts · $1.2M emplr
2023$46.0M · 160 accts · $1.1M emplr
2022$37.6M · 155 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$820
Investment management$6,076
Total administrative$6,896
The Midwest Orthopaedic Center S.C. 401(k) match · 2024
Employer contribution per active participant$10,045
Median for plans this size$2,416
2024$10,045 per active participant
2023$9,511 per active participant
2022$9,715 per active participant

Midwest Orthopaedic Center S.C.'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 · 20241
CHARLES SCHWAB & CO., INC. · Securities brokerage$196

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$6,896 · 0.01%
2023$2,670 · 0.01%
2022$2,188 · 0.01%
Similar plansHealth Care & Social Assistance · Illinois
Symbria Inc. IL$56.1M · 0.21%
Rosecrance Health Network IL$54.0M · 0.21%
Addus Healthcare, Inc. IL$48.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371387037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.