Plan Ledger DOL Form 5500 · updated monthly

Orthopedic One, Inc.401(k)

ORTHOPEDIC ONE, INC. 401(K) PLAN · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Orthopedic One, Inc. reported $42,955 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,560 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 0.032% to 0.030%. 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 267th-largest of 3,295 plans among Ohio employers on file, and the 784th of 11,911 in health care & social assistance. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 603 to 699 since 2022.

Plan summary
Net assets, end of year$152,023,273
Participants with balances875
Active participants699
Employer contributions$5,983,155
Employee contributions$4,673,469
Employer contribution per active participant$8,560
Average account balance$173,741
Benefits paid to participants$13,550,959
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$152.0M · 875 accts · $6.0M emplr
2023$136.3M · 856 accts · $5.5M emplr
2022$114.7M · 762 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,955
Total administrative$42,955
The Orthopedic One, Inc. 401(k) match · 2024
Employer contribution per active participant$8,560
Median for plans this size$3,635
2024$8,560 per active participant
2023$8,024 per active participant
2022$6,382 per active participant

Orthopedic One, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
MILLIMAN, INC. · Recordkeeping · Pension consulting$42,955

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$42,955 · 0.03%
2023$21,413 · 0.02%
2022$39,145 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Genesis Healthcare System OH$158.3M · 0.40%
Fisher-Titus Health OH$139.2M · 0.12%
Cei Vision Partners, LLC OH$134.5M · 0.02%
Akron General Medical Center OH$126.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200503812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.