Plan Ledger DOL Form 5500 · updated monthly

Orthopaedic Surgery & Sports Medicine Specialists, P.C.401(k)

ORTHOPAEDIC AND SPINE CENTER 401(K) PROFIT SHARING PLAN · NEWPORT NEWS, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Orthopaedic Surgery & Sports Medicine Specialists, P.C. reported $57,425 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,812 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 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 854th-largest of 2,266 plans among Virginia employers on file, and the 3,156th of 11,911 in health care & social assistance. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,034,498
Participants with balances115
Active participants101
Employer contributions$587,048
Employee contributions$675,728
Employer contribution per active participant$5,812
Average account balance$217,691
Benefits paid to participants$1,404,607
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,175
Investment management$56,250
Total administrative$57,425
The Orthopaedic Surgery & Sports Medicine Specialists, P.C. 401(k) match · 2024
Employer contribution per active participant$5,812
Median for plans this size$2,416

Orthopaedic Surgery & Sports Medicine Specialists, P.C.'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 · 20242
CAMBRIDGE INVESTMENT RESEARCH · Loan processing$56,250
FIDELITY INVESTMENTS INSTITUTIONAL · Investment advisory (plan)$1,275

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

Administrative cost history1
2024$57,425 · 0.24%
Similar plansHealth Care & Social Assistance · Virginia
Wall Holdings, Inc. VA$26.9M · 0.06%
Anchor Healthcare, P.L.C. VA$25.3M · 0.24%
The Amyotrophic Lateral VA$24.3M · 0.07%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 541560238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.