Plan Ledger DOL Form 5500 · updated monthly

Ora Orthopedics, P.C.401(k)

ORA ORTHOPEDICS, P.C. 401(K) SAVINGS PLAN · BETTENDORF, IA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Ora Orthopedics, P.C. reported $146,427 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $5,879 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 0.18% to 0.20%. 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 124th-largest of 878 plans among Iowa employers on file, and the 1,330th of 11,911 in health care & social assistance. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 300 to 399 since 2022.

Plan summary
Net assets, end of year$76,789,262
Participants with balances490
Active participants399
Employer contributions$2,345,750
Employee contributions$2,140,909
Employer contribution per active participant$5,879
Average account balance$156,713
Benefits paid to participants$4,552,825
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$76.8M · 490 accts · $2.3M emplr
2023$67.2M · 442 accts · $2.1M emplr
2022$55.8M · 388 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,965
Investment management$132,092
Trustee / custodial$2,350
Total administrative$146,427
The Ora Orthopedics, P.C. 401(k) match · 2024
Employer contribution per active participant$5,879
Median for plans this size$3,635
2024$5,879 per active participant
2023$6,202 per active participant
2022$6,069 per active participant

Ora Orthopedics, P.C.'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 · 20241
AVANTAX · Recordkeeping · Consulting$146,427

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

Recordkeeper by year2
2024AVANTAX
2023AVANTAX

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

Administrative cost history3
2024$146,427 · 0.20%
2023$110,506 · 0.18%
2022$109,097 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Wolfe Clinic, P.C. IA$94.0M · 0.09%
Mercy Care Management, Inc. IA$78.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362691642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.