Plan Ledger DOL Form 5500 · updated monthly

National Spine and Pain Centers, LLC401(k)

NATIONAL SPINE AND PAIN CENTERS, LLC 401(K) PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

National Spine and Pain Centers, LLC reported $238,634 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,010 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 3 years on file its reported administrative ratio has held roughly steady near 0.362%. 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 244th-largest of 1,671 plans among Maryland employers on file, and the 1,461st of 11,911 in health care & social assistance. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 1,126 to 886 since 2022.

Plan summary
Net assets, end of year$68,963,527
Participants with balances1,004
Active participants886
Employer contributions$2,667,251
Employee contributions$4,941,925
Employer contribution per active participant$3,010
Average account balance$68,689
Benefits paid to participants$12,087,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.0M · 1,004 accts · $2.7M emplr
2023$62.9M · 1,263 accts · $3.6M emplr
2022$52.3M · 1,357 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,531
Investment management$83,103
Total administrative$238,634
The National Spine and Pain Centers, LLC 401(k) match · 2024
Employer contribution per active participant$3,010
Median for plans this size$3,635
2024$3,010 per active participant
2023$3,482 per active participant
2022$3,029 per active participant

National Spine and Pain Centers, LLC's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$155,531
CREATIVE PLANNING, LLC · Investment advisory (plan)$83,103

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$238,634 · 0.36%
2023$220,115 · 0.38%
2022$197,684 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Practice Dynamics Inc. MD$84.5M · 0.11%
Qlarant, Inc. MD$60.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453202081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.