Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Medical Group of Tampa Bay, P.A.401(k)

ORTHOPAEDIC MEDICAL GROUP OF TAMPA BAY, P. A. 401(K) PLAN · LITHIA, FL · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Orthopaedic Medical Group of Tampa Bay, P.A. reported $26,323 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $2,516 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 1 year on file its reported administrative ratio fell from 0.74% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,378th of 3,644), and 7,562nd of 11,911 in health care & social assistance. In 2023, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,631,040
Participants with balances90
Active participants87
Employer contributions$218,905
Employee contributions$385,610
Employer contribution per active participant$2,516
Average account balance$62,567
Benefits paid to participants$92,268
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$5.6M · 90 accts · $219K emplr
2022$4.3M · 113 accts · $212K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,323
Total administrative$26,323
The Orthopaedic Medical Group of Tampa Bay, P.A. 401(k) match · 2023
Employer contribution per active participant$2,516
Median for plans this size$1,308
2023$2,516 per active participant
2022$2,719 per active participant

Orthopaedic Medical Group of Tampa Bay, P.A.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NORTHWESTERN MUTUAL INVESTMENT SERVindirect comp
ASCENSUS · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$26,323 · 0.53%
2022$33,700 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 591830246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.