Plan Ledger DOL Form 5500 · updated monthly

Northwest Orthopaedic Specialist, P .S.401(k)

NORTHWEST ORTHOPAEDIC SPECIALIST, P.S. 401(K) SAVINGS PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Northwest Orthopaedic Specialist, P .S. reported $355,707 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,670 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 0.39% to 0.49%. 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 231st-largest of 1,714 plans among Washington employers on file, and the 1,339th 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$76,385,896
Participants with balances415
Active participants303
Employer contributions$2,323,894
Employee contributions$1,980,542
Employer contribution per active participant$7,670
Average account balance$184,062
Benefits paid to participants$7,223,769
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.4M · 415 accts · $2.3M emplr
2023$67.7M · 411 accts · $2.1M emplr
2022$56.7M · 399 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,225
Investment management$206,465
Trustee / custodial$8,518
Total administrative$355,707
The Northwest Orthopaedic Specialist, P .S. 401(k) match · 2024
Employer contribution per active participant$7,670
Median for plans this size$3,635
2024$7,670 per active participant
2023$6,400 per active participant
2022$6,209 per active participant

Northwest Orthopaedic Specialist, P .S.'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 · 20248
RANDALL & HURLEY, INC. · Pension consulting · Loan processing$30,065
NORTHERN CAPITAL MANAGEMENT · Investment advisory (plan) · Participant communication$118,182
MERRILL LYNCH PIERCE FENNER SMITH · Investment management · Securities brokerage$25,488
GIBSON CAPITAL, LLC · Investment advisory (participants) · Investment management$15,673
STOREHOUSE FINANCIAL · Investment advisory (participants)$11,631
NORTH STAR RESOURCE GROUP · Investment advisory (participants)$9,879
CHARLES SCHWAB TRUST BANK · Custodial$8,518

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

Recordkeeper by year2
2024RANDALL & HURLEY, INC.
2023RANDALL & HURLEY, INC.

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

Administrative cost history3
2024$355,707 · 0.49%
2023$225,124 · 0.36%
2022$266,150 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Neighborcare Health WA$71.1M · 0.14%
Compass Health WA$61.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911502837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.