Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Rehab Specialists, P.C.401(k)

ORTHOPAEDIC REHAB SPECIALISTS, P.C. PROFIT SHARING PLAN AND TRUST · JACKSON, MI · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Orthopaedic Rehab Specialists, P.C. reported $76,471 in plan administrative expenses for 2023: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,660 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 0.68% to 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,416th of 2,619), and the 5,187th of 11,911 in health care & social assistance. In 2023, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,877,765
Participants with balances203
Active participants140
Employer contributions$232,382
Employee contributions$329,531
Employer contribution per active participant$1,660
Average account balance$58,511
Benefits paid to participants$284,477
Plan auditUnmodified (clean) audit opinion
AuditorBOND & COMPANY, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 212 accts · $183K emplr
2023$11.9M · 203 accts · $232K emplr
2022$9.3M · 193 accts · $300K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,007
Investment management$44,931
Trustee / custodial$3,068
Total administrative$76,471
The Orthopaedic Rehab Specialists, P.C. 401(k) match · 2023
Employer contribution per active participant$1,660
Median for plans this size$2,440
2024$1,316 per active participant
2023$1,660 per active participant
2022$2,272 per active participant

Orthopaedic Rehab Specialists, P.C.'s 2023 employer contribution ran below the $2,440 median for plans its size. 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$28,007
DILLON AND ASSOCIATES · Consulting · Investment advisory (participants)$44,931
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$3,533

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$87,517 · 0.86%
2023$76,471 · 0.72%
2022$71,332 · 0.68%
Similar plansHealth Care & Social Assistance · Michigan
S L Husain Hamzavi MD PC MI$12.5M · 0.50%
Regional Medical Imaging PC MI$12.1M · 0.22%
D. a. Blodgett - St. John's MI$11.0M · 0.42%
Medstar, Inc. MI$10.9M · 0.45%
Moka Corporation MI$10.7M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382737469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.