Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Center of South Florida, P.A.401(k)

ORTHOPAEDIC CENTER OF SOUTH FLORIDA, P.A. 401(K) PLAN · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Orthopaedic Center of South Florida, P.A. reported $89,006 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $7,972 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 0.20% to 0.34%. 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 877th-largest of 3,644 plans among Florida employers on file, and the 2,934th of 11,911 in health care & social assistance. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves; active participation has grown from 96 to 107 since 2022.

Plan summary
Net assets, end of year$27,735,209
Participants with balances120
Active participants107
Employer contributions$852,967
Employee contributions$641,479
Employer contribution per active participant$7,972
Average account balance$231,127
Benefits paid to participants$1,077,758
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 120 accts · $853K emplr
2023$24.5M · 127 accts · $793K emplr
2022$20.2M · 114 accts · $718K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,356
Investment management$36,650
Total administrative$89,006
The Orthopaedic Center of South Florida, P.A. 401(k) match · 2024
Employer contribution per active participant$7,972
Median for plans this size$2,416
2024$7,972 per active participant
2023$7,483 per active participant
2022$7,477 per active participant

Orthopaedic Center of South Florida, P.A.'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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$6,113
MERRILL LYNCH · Investment advisory (participants)$20,095
MARGAN STANLEY · Investment advisory (participants)$16,555

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,006 · 0.34%
2023$98,166 · 0.44%
2022$44,115 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Pbd & P, Inc. FL$28.5M · 0.04%
Ocala Eye, P.A. FL$27.8M · 0.70%
Aspire Health Partners FL$27.0M · 0.30%
Food for the Poor, Inc. FL$26.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650452574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.