Plan Ledger DOL Form 5500 · updated monthly

Orthopedic Assoc. of Hartford PC401(k)

ORTHOPEDIC ASSOCIATES OF HARTFORD P.C. SECTION 401K PROFIT SHARING PLAN · FARMINGTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Orthopedic Assoc. of Hartford PC reported $130,564 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $6,529 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 fell from 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 233rd-largest of 1,106 plans among Connecticut employers on file, and the 1,344th of 11,911 in health care & social assistance. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 288 to 338 since 2022.

Plan summary
Net assets, end of year$76,042,460
Participants with balances453
Active participants338
Employer contributions$2,206,804
Employee contributions$2,428,270
Employer contribution per active participant$6,529
Average account balance$167,864
Benefits paid to participants$4,562,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.0M · 453 accts · $2.2M emplr
2023$64.8M · 385 accts · $2.0M emplr
2022$60.2M · 370 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,318
Investment management$65,492
Total administrative$130,564
The Orthopedic Assoc. of Hartford PC 401(k) match · 2024
Employer contribution per active participant$6,529
Median for plans this size$3,635
2024$6,529 per active participant
2023$7,050 per active participant
2022$6,389 per active participant

Orthopedic Assoc. of Hartford PC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
FIDUCIENT ADVISORS LLC$56,250
PENSION CONSULTANTS INC$9,142
PULLMAN & COMLEY LLC · Legal$7,618
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$100

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$130,564 · 0.19%
2023$116,717 · 0.19%
2022$122,797 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Carecentrix, Inc. CT$112.2M · 0.08%
Apple Health Care, Inc. CT$86.4M · 0.15%
Griffin Hospital CT$85.5M · 0.09%
Connecticut Gi, P.C. CT$72.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060837726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.