Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic and Sports Medicine Center - Norman, P401(k)

ORTHOPAEDIC AND SPORTS MEDICINE CENTER - NORMAN, P. C. 401(K) AND PROFIT SHARING PLAN · NORMAN, OK · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Orthopaedic and Sports Medicine Center - Norman, P reported $15,076 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,475 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oklahoma (500th of 724), and 7,135th of 11,911 in health care & social assistance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 79 to 53 since 2022.

Plan summary
Net assets, end of year$6,431,675
Participants with balances128
Active participants53
Employer contributions$184,169
Employee contributions$301,576
Employer contribution per active participant$3,475
Average account balance$50,247
Benefits paid to participants$968,127
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 128 accts · $184K emplr
2023$6.1M · 143 accts · $175K emplr
2022$5.6M · 132 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$756
Investment management$14,320
Total administrative$15,076
The Orthopaedic and Sports Medicine Center - Norman, P 401(k) match · 2024
Employer contribution per active participant$3,475
Median for plans this size$1,313
2024$3,475 per active participant
2023$2,336 per active participant
2022$2,191 per active participant

Orthopaedic and Sports Medicine Center - Norman, P's 2024 employer contribution ran above the $1,313 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
CADENT CAPITAL ADVISORS LLC · Investment advisory (plan)$14,320
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$856

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$15,076 · 0.24%
2023$16,017 · 0.27%
2022$15,048 · 0.25%
Similar plansHealth Care & Social Assistance · Oklahoma
Community Action Resource OK$6.5M · 0.44%
Montereau, Inc. OK$5.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730956029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.