Plan Ledger DOL Form 5500 · updated monthly

Msk Group, PC dba Orthosouth401(k)

ORTHOSOUTH 401(K) PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Msk Group, PC dba Orthosouth reported $366,703 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,445 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 fell from 0.47% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 173rd-largest of 1,496 plans among Tennessee employers on file, and the 1,158th of 11,911 in health care & social assistance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves; active participation has grown from 318 to 526 since 2022.

Plan summary
Net assets, end of year$92,827,872
Participants with balances511
Active participants526
Employer contributions$2,864,217
Employee contributions$2,042,300
Employer contribution per active participant$5,445
Average account balance$181,659
Benefits paid to participants$2,317,647
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS, BONE & BRIESBECK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$92.8M · 511 accts · $2.9M emplr
2023$79.2M · 469 accts · $2.6M emplr
2022$67.9M · 443 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,674
Investment management$225,029
Total administrative$366,703
The Msk Group, PC dba Orthosouth 401(k) match · 2024
Employer contribution per active participant$5,445
Median for plans this size$3,635
2024$5,445 per active participant
2023$7,831 per active participant
2022$7,937 per active participant

Msk Group, PC dba Orthosouth'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 · 20249
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$141,673
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (participants)$84,161
DIVERSIFIED TRUST COMPANY, INC. · Investment advisory (participants)$47,412
CHARLES SCHWAB & COMPANY, INC. · Investment advisory (participants)$34,311
JANNEY MONTGOMERY SCOTT · Investment advisory (participants)$20,106
UBS FINANCIAL SERVICES, INC. · Investment advisory (participants)$19,620
FTB ADVISORS, INC. · Investment advisory (participants)$19,409
BURLEIGH CONSULTING GROUP, INC. · Other servicesindirect comp
J P MORGAN SECURITIES LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp

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$366,703 · 0.43%
2023$312,454 · 0.42%
2022$352,727 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Ushv Management, LLC TN$100.5M · 0.15%
Chs Employee Group, LLC TN$100.4M · 0.15%
The West Clinic PLLC TN$98.2M · 0.25%
Cimplify TN$91.3M · 0.11%
Newstat, PLLC TN$81.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620819926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.