Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Associates Of401(k)

ORTHOPAEDIC ASSOCIATES OF MUSKEGON, PC 401(K) PLAN · MUSKEGON, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Orthopaedic Associates Of reported $40,903 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $7,127 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 0.11% to 0.12%. 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 693rd-largest of 2,619 plans among Michigan employers on file, and the 2,455th of 11,911 in health care & social assistance. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 166 to 204 since 2022.

Plan summary
Net assets, end of year$35,307,497
Participants with balances282
Active participants204
Employer contributions$1,453,940
Employee contributions$1,139,429
Employer contribution per active participant$7,127
Average account balance$125,204
Benefits paid to participants$2,379,421
Plan auditUnmodified (clean) audit opinion
AuditorBRICKLEY DELONG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 282 accts · $1.5M emplr
2023$30.2M · 255 accts · $1.2M emplr
2022$24.9M · 215 accts · $671K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,303
Total administrative$40,903
The Orthopaedic Associates Of 401(k) match · 2024
Employer contribution per active participant$7,127
Median for plans this size$2,416
2024$7,127 per active participant
2023$5,750 per active participant
2022$4,044 per active participant

Orthopaedic Associates Of'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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$40,903

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$40,903 · 0.12%
2023$33,567 · 0.12%
2022$29,013 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
The Guidance Center MI$37.7M · 0.08%
The Hurley Clinic MI$36.0M · 0.01%
Life Ems, Inc. MI$34.2M · 0.29%
Providers Staffing, Inc. MI$33.9M · 0.40%
L.O. Eye Care MI$32.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382192991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.