Plan Ledger DOL Form 5500 · updated monthly

Orthotexas Physicians and Surgeons, PLLC401(k)

ORTHOTEXAS 401(K) PLAN · CARROLLTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Orthotexas Physicians and Surgeons, PLLC reported $999 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,205 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 0.010% to 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,287th-largest of 5,688 plans among Texas employers on file, and the 4,200th of 11,911 in health care & social assistance. In 2023, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,536,177
Participants with balances151
Active participants86
Employer contributions$447,641
Employee contributions$561,950
Employer contribution per active participant$5,205
Average account balance$109,511
Benefits paid to participants$2,851,040
Plan auditUnmodified (clean) audit opinion
AuditorHUSELTON, MORGAN & MAULTSBY PC
Plan history2
Yearassets · accounts · employer contribution
2023$16.5M · 151 accts · $448K emplr
2022$16.0M · 135 accts · $394K emplr
Administrative expenses, itemized · 2023
Investment management$999
Total administrative$999
The Orthotexas Physicians and Surgeons, PLLC 401(k) match · 2023
Employer contribution per active participant$5,205
Median for plans this size$2,440
2023$5,205 per active participant
2022$5,111 per active participant

Orthotexas Physicians and Surgeons, PLLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
DEFINITI LLC. · Pension consulting · Contract administrator$19,581
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$18,984
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$12,995
EMPOWER ADVISORY GROUP, LLC · Investment management$35

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$999 · 0.01%
2022$1,873 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Rio Grande Urology, P.A. TX$16.7M · 0.17%
Avance, Inc. TX$16.5M · 1.09%
Premier Family Care I, Inc. TX$16.4M · 0.26%
Panhandle Eye Group, LLP TX$16.0M · 0.61%
Berkeley Eye Institute, PA TX$16.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273463481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.