Plan Ledger DOL Form 5500 · updated monthly

Orthovirginia, Inc.401(k)

ORTHOVIRGINIA, INC. 401(K) PROFIT SHARING PLAN AND TRUST · NORTH CHESTERFIELD, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Orthovirginia, Inc. reported $182,795 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,617 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 0.13% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 122nd-largest of 2,266 plans among Virginia employers on file, and the 527th of 11,911 in health care & social assistance. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves; active participation has grown from 1,604 to 2,203 since 2022.

Plan summary
Net assets, end of year$273,917,477
Participants with balances2,834
Active participants2,203
Employer contributions$16,781,170
Employee contributions$11,059,536
Employer contribution per active participant$7,617
Average account balance$96,654
Benefits paid to participants$21,539,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$273.9M · 2,834 accts · $16.8M emplr
2023$237.6M · 2,278 accts · $7.2M emplr
2022$200.1M · 2,018 accts · $10.0M emplr
The Orthovirginia, Inc. 401(k) match · 2024
Employer contribution per active participant$7,617
Median for plans this size$4,294
2024$7,617 per active participant
2023$3,960 per active participant
2022$6,255 per active participant

Orthovirginia, Inc.'s 2024 employer contribution ran above the $4,294 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$182,797

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$182,795 · 0.07%
2023$219,849 · 0.10%
2022$278,395 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Sunrise Senior Living, LLC VA$360.1M · 0.49%
Patient First Corporation VA$286.3M · 0.13%
Uva Community Health VA$218.7M · 0.15%
Loudon Medical Group, P.C. VA$199.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540885859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.