Plan Ledger DOL Form 5500 · updated monthly

Orthopedicsny, LLP401(k)

ORTHOPEDICSNY, LLP 401(K) PROFIT SHARING PLAN · ALBANY, NY · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Orthopedicsny, LLP reported $103,970 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,152 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 1 year on file its reported administrative ratio fell from 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,118th-largest of 5,648 plans among New York employers on file, and the 1,503rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$65,746,075
Participants with balances692
Active participants543
Employer contributions$2,797,496
Employee contributions$2,776,719
Employer contribution per active participant$5,152
Average account balance$95,009
Benefits paid to participants$3,549,420
Plan auditUnmodified (clean) audit opinion
AuditorWOJESKI & CO. CPAS PC
Plan history2
Yearassets · accounts · employer contribution
2023$65.7M · 692 accts · $2.8M emplr
2022$54.7M · 681 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,923
Investment management$49,047
Total administrative$103,970
The Orthopedicsny, LLP 401(k) match · 2023
Employer contribution per active participant$5,152
Median for plans this size$3,659
2023$5,152 per active participant
2022$5,038 per active participant

Orthopedicsny, LLP's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ASCENSUS · Claims processing · Pension consulting$58,865
GLOBAL RETIREMENT PARTNERS$45,000
PINNACLE PLAN DESIGN, LLC · Contract administrator$21,982

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

Administrative cost history2
2023$103,970 · 0.17%
2022$133,776 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · New York
General Physician, P.C. NY$69.1M · 0.29%
The Children's Aid Society NY$67.1M · 0.72%
Ags Payroll Services LLC NY$65.1M · 0.17%
Acorda Therapeutics, Inc. NY$64.9M · 0.07%
Horizon Medical Group, PC NY$64.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141777794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.