Plan Ledger DOL Form 5500 · updated monthly

Orthonj, LLC401(k)

ORTHONJ 401(K) PLAN · SOMERSET, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Orthonj, LLC reported $330,321 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $9,201 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 0.15% 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 246th-largest of 2,419 plans among New Jersey employers on file, and the 712th of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 622 to 719 since 2022.

Plan summary
Net assets, end of year$173,704,725
Participants with balances966
Active participants719
Employer contributions$6,615,766
Employee contributions$5,099,321
Employer contribution per active participant$9,201
Average account balance$179,819
Benefits paid to participants$17,729,062
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.7M · 966 accts · $6.6M emplr
2023$155.6M · 857 accts · $6.1M emplr
2022$124.7M · 758 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,255
Investment management$266,234
Trustee / custodial$47,938
Total administrative$330,321
The Orthonj, LLC 401(k) match · 2024
Employer contribution per active participant$9,201
Median for plans this size$3,635
2024$9,201 per active participant
2023$9,178 per active participant
2022$8,791 per active participant

Orthonj, LLC'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 · 20243
USI CONSULTING GROUP · Claims processing · Recordkeeping$15,255
KB FINANCIAL PARTNERS · Investment advisory (plan)$266,234
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$330,321 · 0.20%
2023$83,812 · 0.06%
2022$201,406 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Hunterdon Healthcare System NJ$235.6M · 0.26%
Deborah Heart & Lung Center NJ$143.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824413259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.