Plan Ledger DOL Form 5500 · updated monthly

Orthopedic and Sports Medicine Center of Northern Indiana, Inc.401(k)

ORTHOPEDIC AND SPORTS MEDICINE CENTER OF NORTHERN INDIANA, INC. 401(K) PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Orthopedic and Sports Medicine Center of Northern Indiana, Inc. reported $147,360 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,617 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 0.32% to 0.34%. 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 318th-largest of 1,562 plans among Indiana employers on file, and the 2,057th of 11,911 in health care & social assistance. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 246 to 282 since 2022.

Plan summary
Net assets, end of year$44,644,984
Participants with balances344
Active participants282
Employer contributions$1,301,865
Employee contributions$1,443,770
Employer contribution per active participant$4,617
Average account balance$129,782
Benefits paid to participants$4,317,896
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.6M · 344 accts · $1.3M emplr
2023$41.1M · 345 accts · $1.1M emplr
2022$37.2M · 315 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,360
Total administrative$147,360
The Orthopedic and Sports Medicine Center of Northern Indiana, Inc. 401(k) match · 2024
Employer contribution per active participant$4,617
Median for plans this size$2,416
2024$4,617 per active participant
2023$3,610 per active participant
2022$5,038 per active participant

Orthopedic and Sports Medicine Center of Northern Indiana, Inc.'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$147,359
LPL FINANCIAL LLC · Investment advisory (plan)indirect comp
THE BENEFITS CONSULTING GROUP · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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 history3
2024$147,360 · 0.34%
2023$127,729 · 0.33%
2022$134,024 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Medworks, Inc. IN$45.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351301992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.