Plan Ledger DOL Form 5500 · updated monthly

Orthoindy401(k)

ORTHOPAEDICS INDIANAPOLIS, INC. PROFIT SHARING & 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Orthoindy reported $112,152 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,756 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 fell from 0.08% to 0.05%. 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 70th-largest of 1,562 plans among Indiana employers on file, and the 589th of 11,911 in health care & social assistance. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves; active participation has grown from 885 to 1,138 since 2022.

Plan summary
Net assets, end of year$229,386,512
Participants with balances1,188
Active participants1,138
Employer contributions$7,687,960
Employee contributions$6,645,294
Employer contribution per active participant$6,756
Average account balance$193,086
Benefits paid to participants$23,654,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$229.4M · 1,188 accts · $7.7M emplr
2023$209.6M · 1,062 accts · $7.1M emplr
2022$180.6M · 1,015 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,152
Investment management$35,000
Total administrative$112,152
The Orthoindy 401(k) match · 2024
Employer contribution per active participant$6,756
Median for plans this size$3,635
2024$6,756 per active participant
2023$7,303 per active participant
2022$7,658 per active participant

Orthoindy'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
PROCOURSE FIDUCIARY ADVISORS LLC · Investment advisory (plan)$35,000

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$112,152 · 0.05%
2023$116,910 · 0.06%
2022$152,947 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Goshen Health IN$300.2M · 0.08%
Trimedx Holdings, LLC IN$244.6M · 0.21%
Union Hospital, Inc. IN$232.8M · 0.16%
South Bend Clinic IN$160.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351090576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.