Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Associates Inc.401(k)

ORTHOPAEDIC ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Orthopaedic Associates Inc. reported $129,875 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,221 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 0.516%. 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 461st-largest of 1,562 plans among Indiana employers on file, and the 2,967th of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 130 to 163 since 2022.

Plan summary
Net assets, end of year$27,285,283
Participants with balances157
Active participants163
Employer contributions$687,972
Employee contributions$817,142
Employer contribution per active participant$4,221
Average account balance$173,792
Benefits paid to participants$759,423
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 157 accts · $688K emplr
2023$23.1M · 155 accts · $686K emplr
2022$19.2M · 155 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,549
Investment management$42,937
Audit (IQPA)$17,525
Total administrative$129,875
The Orthopaedic Associates Inc. 401(k) match · 2024
Employer contribution per active participant$4,221
Median for plans this size$2,416
2024$4,221 per active participant
2023$4,834 per active participant
2022$4,272 per active participant

Orthopaedic Associates 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,549
GOLDMAN SACHS PERSONAL FINANCIAL · Investment advisory (plan)$42,937
HARDING, SHYMANSKI, & COMPANY · Accounting / audit$17,525
FREEMAN, WILL, & NIEMEIER INC · Investment advisory (participants)$13,055
UNITED CAPITAL ADVISERS LLC · Investment advisory (participants)$9,808

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$129,875 · 0.52%
2023$110,198 · 0.52%
2022$108,577 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Aspire Indiana Inc. IN$28.9M · 0.13%
Hamilton Center, Inc. IN$26.4M · 0.46%
Orthopediatrics, Corp. IN$26.0M · 0.04%
Lifespring, Inc. IN$25.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351159676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.