Plan Ledger DOL Form 5500 · updated monthly

Orthosc, LLC401(k)

ORTHOSC, LLC 401(K) PROFIT SHARING PLAN · MYRTLE BEACH, SC · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Orthosc, LLC reported $80,422 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $4,763 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 0.45% to 0.35%. 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 212th-largest of 807 plans among South Carolina employers on file, and the 3,080th of 11,911 in health care & social assistance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 292 to 362 since 2022.

Plan summary
Net assets, end of year$26,017,790
Participants with balances314
Active participants362
Employer contributions$1,724,190
Employee contributions$1,380,204
Employer contribution per active participant$4,763
Average account balance$82,859
Benefits paid to participants$495,861
Plan auditUnmodified (clean) audit opinion
AuditorSMITH SAPP PA CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 314 accts · $1.7M emplr
2023$20.1M · 313 accts · $1.6M emplr
2022$15.0M · 379 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,446
Investment management$19,976
Total administrative$80,422
The Orthosc, LLC 401(k) match · 2024
Employer contribution per active participant$4,763
Median for plans this size$2,416
2024$4,763 per active participant
2023$6,264 per active participant
2022$4,666 per active participant

Orthosc, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,446
OSAIC WEALTH INC · Investment advisory (plan)$19,556

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$80,422 · 0.35%
2023$62,982 · 0.36%
2022$70,540 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Charleston Oncology, P.A. SC$26.3M · 0.09%
White Oak Management, Inc. SC$25.5M · 0.03%
Columbia Eye Clinic, P.A. SC$24.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822962394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.