Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Multispecialty Network, Inc.401(k)

OMNI SAVINGS PLAN AND TRUST · CANTON, OH · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Orthopaedic Multispecialty Network, Inc. reported $136,899 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11,119 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,047th-largest of 3,295 plans among Ohio employers on file, and the 2,969th of 11,911 in health care & social assistance. In 2022, the employer put in $1.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,264,834
Participants with balances122
Active participants107
Employer contributions$1,189,707
Employee contributions$667,477
Employer contribution per active participant$11,119
Average account balance$223,482
Benefits paid to participants$2,451,443
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$27.3M · 122 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Investment management$136,899
Total administrative$136,899
The Orthopaedic Multispecialty Network, Inc. 401(k) match · 2022
Employer contribution per active participant$11,119
Median for plans this size$2,266

Orthopaedic Multispecialty Network, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$136,899 · 0.45%
Similar plansHealth Care & Social Assistance · Ohio
Otterbein Homes OH$28.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341108985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.