Plan Ledger DOL Form 5500 · updated monthly

New England Orthopedic Surgeons, Inc.401(k)

NEW ENGLAND ORTHOPEDIC SURGEONS, INC. 401(K) PLAN & TRUST · SPRINGFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

New England Orthopedic Surgeons, Inc. reported $36,746 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,341 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 0.02% to 0.07%. 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 607th-largest of 2,726 plans among Massachusetts employers on file, and the 1,587th of 11,911 in health care & social assistance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has shrunk from 283 to 241 since 2022.

Plan summary
Net assets, end of year$60,997,556
Participants with balances346
Active participants241
Employer contributions$1,769,090
Employee contributions$1,433,999
Employer contribution per active participant$7,341
Average account balance$176,294
Benefits paid to participants$1,549,766
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$61.0M · 346 accts · $1.8M emplr
2023$52.0M · 311 accts · $1.6M emplr
2022$43.6M · 283 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,746
Total administrative$36,746
The New England Orthopedic Surgeons, Inc. 401(k) match · 2024
Employer contribution per active participant$7,341
Median for plans this size$3,635
2024$7,341 per active participant
2023$6,925 per active participant
2022$5,149 per active participant

New England Orthopedic Surgeons, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
VANGUARD GROUP, INC. · Recordkeeping · Securities brokerage$8,711
SWBC INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$28,035

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$36,746 · 0.07%
2023$31,332 · 0.07%
2022$7,932 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Healthcare South P.C. MA$73.9M · 0.33%
42 North Dental, LLC MA$60.4M · 0.23%
Vna Care Network, Inc. MA$59.0M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042521996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.