Plan Ledger DOL Form 5500 · updated monthly

Orthodontic Partners, LLC401(k)

ORTHODONTIC PARTNERS 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Orthodontic Partners, LLC reported $57,119 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $746 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 970th-largest of 2,619 plans among Michigan employers on file, and the 3,446th of 11,911 in health care & social assistance. In 2024, employees put in $4.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,997,896
Participants with balances488
Active participants768
Employer contributions$572,544
Employee contributions$2,603,616
Employer contribution per active participant$746
Average account balance$45,078
Benefits paid to participants$1,659,786
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,119
Total administrative$57,119
The Orthodontic Partners, LLC 401(k) match · 2024
Employer contribution per active participant$746
Median for plans this size$2,416

Orthodontic Partners, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,119

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

Administrative cost history1
2024$57,119 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Metropolitan Enterprises MI$23.3M · 0.16%
Nexcare Health Systems, LLC MI$22.8M · 0.57%
Marlette Regional Hospital MI$22.2M · 0.43%
Vpa, P.C. MI$21.4M · 0.65%
The Peplinski Group, Inc. MI$21.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842065086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.