Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Associates, P.A.401(k)

ORTHOPAEDIC ASSOCIATES, P.A. CASH OR DEFERRED PROFIT SHARING · TOWSON, MD · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Orthopaedic Associates, P.A. reported $35,201 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,544 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 fell from 0.66% to 0.63%. 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 Maryland (1,219th of 1,671), and 7,431st of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 70 to 83 since 2022.

Plan summary
Net assets, end of year$5,856,998
Participants with balances114
Active participants83
Employer contributions$211,136
Employee contributions$290,433
Employer contribution per active participant$2,544
Average account balance$51,377
Benefits paid to participants$693,441
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 114 accts · $211K emplr
2023$5.4M · 109 accts · $177K emplr
2022$4.8M · 110 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,809
Investment management$10,392
Total administrative$35,201
The Orthopaedic Associates, P.A. 401(k) match · 2024
Employer contribution per active participant$2,544
Median for plans this size$1,313
2024$2,544 per active participant
2023$2,429 per active participant
2022$2,634 per active participant

Orthopaedic Associates, P.A.'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
ADP, INC. · Loan processing · Recordkeeping$24,808
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$10,391

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, UBS

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Administrative cost history3
2024$35,201 · 0.63%
2023$33,062 · 0.65%
2022$38,487 · 0.66%
Similar plansHealth Care & Social Assistance · Maryland
Dove Pointe, Inc. MD$6.2M · 1.35%
Richcroft, Inc. MD$6.0M · 0.04%
Wholistic Management Inc MD$5.8M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521488479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.