Plan Ledger DOL Form 5500 · updated monthly

Orthosynetics, Inc.401(k)

ORTHOSYNETICS, INC. 401(K) PROFIT SHARING PLAN · METAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Orthosynetics, Inc. reported $59,663 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $255 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 326th-largest of 884 plans among Louisiana employers on file, and the 768th of 2,534 in administrative & support services. In 2024, employees put in $6.66 for every $1.00 the employer contributed; active participation has shrunk from 578 to 381 since 2022.

Plan summary
Net assets, end of year$14,845,423
Participants with balances274
Active participants381
Employer contributions$97,169
Employee contributions$646,694
Employer contribution per active participant$255
Average account balance$54,180
Benefits paid to participants$1,512,324
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 274 accts · $97K emplr
2023$14.1M · 304 accts · $105K emplr
2022$12.0M · 297 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,721
Investment management$36,911
Audit (IQPA)$7,031
Total administrative$59,663
The Orthosynetics, Inc. 401(k) match · 2024
Employer contribution per active participant$255
Median for plans this size$2,416
2024$255 per active participant
2023$195 per active participant
2022$180 per active participant

Orthosynetics, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$36,911
JPMORGAN INVEST HOLDINGS LLC$15,721
POSTLETHWAITE & NETTERVILLE A PROFE · Accounting / audit$7,031

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$59,663 · 0.41%
2023$55,445 · 0.43%
2022$58,827 · 0.43%
Same employer
Similar plansAdministrative & Support Services · Louisiana
Onex Tsg Intermediate Corp. LA$298.5M · 0.14%
New Orleans & Company LA$14.1M · 0.44%
Tiya Services, LLC LA$12.9M · 0.43%
Edko, L.L.C. LA$10.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721278948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.