Plan Ledger DOL Form 5500 · updated monthly

Orion Health Inc.401(k)

ORION HEALTH INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Orion Health Inc. reported $64,452 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,147 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 0.43% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,595th of 2,726), and 6,853rd of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 79 to 41 since 2022.

Plan summary
Net assets, end of year$13,909,047
Participants with balances151
Active participants41
Employer contributions$211,045
Employee contributions$506,544
Employer contribution per active participant$5,147
Average account balance$92,113
Benefits paid to participants$1,771,645
Plan auditUnmodified (clean) audit opinion
AuditorMETZ & ASSOCIATES PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 151 accts · $211K emplr
2023$13.2M · 161 accts · $262K emplr
2022$11.5M · 181 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,462
Investment management$28,240
Audit (IQPA)$10,750
Total administrative$64,452
The Orion Health Inc. 401(k) match · 2024
Employer contribution per active participant$5,147
Median for plans this size$2,416
2024$5,147 per active participant
2023$5,241 per active participant
2022$1,973 per active participant

Orion Health Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
LPL FINANCIAL LLC · Investment advisory (plan)$28,240
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,462
METZ & ASSOCIATES PLLC · Accounting / audit$10,750

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$64,452 · 0.48%
2023$56,902 · 0.46%
2022$57,262 · 0.43%
Similar plansProfessional & Technical Services · Massachusetts
Insource Services, Inc. MA$14.1M · 0.42%
Morsecorp, Inc. MA$14.0M · 0.19%
Stoke Therapeutics, Inc. MA$14.0M · 0.03%
Fusion Trade, Inc. MA$13.8M · 0.10%
Veracross LLC MA$13.8M · 0.34%
Covaris LLC MA$13.7M · 0.28%
Security Innovation, Inc. MA$13.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260047440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.