Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Associates, P.A.401(k)

ORTHOPAEDIC ASSOCIATES, P.A. PROFIT SHARING 401(K) PLAN AND TRUST · FORT WALTON BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

Orthopaedic Associates, P.A. reported $54,387 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio fell from 0.61% to 0.38%. 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 1,250th-largest of 3,644 plans among Florida employers on file, and the 4,111th of 11,911 in health care & social assistance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,145,537
Participants with balances249
Active participants0
Employer contributions$503,713
Employee contributions$475,893
Employer contribution per active participant—
Average account balance$68,858
Benefits paid to participants$4,114,961
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.1M · 249 accts · $504K emplr
2023$11.6M · 191 accts · $668K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,387
Total administrative$54,387
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
WARREN AVERETT BENEFIT CONSULTANTS · Plan administrator · Recordkeeping$39,437
NATIONWIDE · Contract administrator · Insurance broker$54,387

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

Recordkeeper by year2
2024WARREN AVERETT BENEFIT CONSULTANTS
2023WARREN AVERETT BENEFIT CONSULTANTS

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Administrative cost history2
2024$54,387 · 0.38%
2023$62,289 · 0.61%
Similar plansHealth Care & Social Assistance · Florida
Trenton Medical Center Inc. FL$17.2M · 0.28%
Mental Health Care, Inc. FL$17.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592921954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.