Plan Ledger DOL Form 5500 · updated monthly

Orthopedic Assoc of Flower Mound401(k)

ORTHOPEDIC ASSOCIATES OF FLOWER MOUND 401(K) PROFIT SHARING PLAN · FLOWER MOUND, TX · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Orthopedic Assoc of Flower Mound reported $26,672 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $6,268 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 has held roughly steady near 0.15%. 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 the 2,044th-largest of 5,688 plans among Texas employers on file, and the 3,739th of 11,911 in health care & social assistance. In 2023, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,649,725
Participants with balances107
Active participants86
Employer contributions$539,038
Employee contributions$525,386
Employer contribution per active participant$6,268
Average account balance$183,642
Benefits paid to participants$1,142,884
Plan auditUnmodified (clean) audit opinion
AuditorRHODES OSIEK PATYK & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $10K emplr
2023$19.6M · 107 accts · $539K emplr
2022$17.0M · 107 accts · $625K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,417
Investment management$9,255
Total administrative$26,672
The Orthopedic Assoc of Flower Mound 401(k) match · 2023
Employer contribution per active participant$6,268
Median for plans this size$2,440
2023$6,268 per active participant
2022$7,263 per active participant

Orthopedic Assoc of Flower Mound's 2023 employer contribution ran above the $2,440 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 · 20232
ADP, INC. · Loan processing · Recordkeeping$17,648
LEAFHOUSE FINANCIAL ADVISORS LLC · Recordkeeping · Trustee$9,024

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

Administrative cost history3
2024Not separately reported
2023$26,672 · 0.15%
2022$24,996 · 0.14%
Similar plansHealth Care & Social Assistance · Texas
Sonida Senior Living, Inc. TX$20.2M · 0.66%
Jw Eye Associates, PA TX$19.8M · 0.48%
Advanced Pain Care, PA TX$19.4M · 0.59%
Texas Hospital Association TX$19.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208012726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.