Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Clinic of Daytona Beach , P.A.401(k)

ORTHOPAEDIC CLINIC OF DAYTONA BEACH, P.A. 401(K) PROFIT SHARING PLAN · DAYTONA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Orthopaedic Clinic of Daytona Beach , P.A. reported $81,657 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $5,528 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 0.40% 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 1,005th-largest of 3,644 plans among Florida employers on file, and the 3,324th of 11,911 in health care & social assistance. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has grown from 102 to 144 since 2022.

Plan summary
Net assets, end of year$23,228,946
Participants with balances183
Active participants144
Employer contributions$796,017
Employee contributions$640,629
Employer contribution per active participant$5,528
Average account balance$126,934
Benefits paid to participants$390,312
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 183 accts · $796K emplr
2023$19.6M · 186 accts · $667K emplr
2022$15.7M · 138 accts · $612K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,657
Total administrative$81,657
The Orthopaedic Clinic of Daytona Beach , P.A. 401(k) match · 2024
Employer contribution per active participant$5,528
Median for plans this size$2,416
2024$5,528 per active participant
2023$4,767 per active participant
2022$6,003 per active participant

Orthopaedic Clinic of Daytona Beach , 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 · 20245
ADVUS FINANCIAL PARTNERS LLC · Investment advisory (plan)$48,497
EMPOWER ADVISORY GROUP, LLC · Investment management$5,229
ECONOMIC GROUP PENSION SERVICES · Contract administrator$1,350
ECONOMIC GROUP PENSION SERVICES$375

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$81,657 · 0.38%
2023$73,050 · 0.41%
2022$67,832 · 0.40%
Similar plansHealth Care & Social Assistance · Florida
Intelident Solutions, Inc. FL$22.9M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591281292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.