Plan Ledger DOL Form 5500 · updated monthly

Parkview Orthopaedic Group, S.C.401(k)

PARKVIEW ORTHOPAEDIC GROUP, S.C. PROFIT SHARING PLAN AND TRUST · PALOS HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Parkview Orthopaedic Group, S.C. reported $38,202 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,923 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 0.19% to 0.14%. 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 1,350th-largest of 3,702 plans among Illinois employers on file, and the 2,859th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,902,825
Participants with balances127
Active participants105
Employer contributions$516,881
Employee contributions$535,974
Employer contribution per active participant$4,923
Average account balance$227,581
Benefits paid to participants$1,332,083
Plan auditUnmodified (clean) audit opinion
AuditorFGMK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 127 accts · $517K emplr
2023$24.7M · 132 accts · $718K emplr
2022$27.0M · 149 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$702
Investment management$35,000
Total administrative$38,202
The Parkview Orthopaedic Group, S.C. 401(k) match · 2024
Employer contribution per active participant$4,923
Median for plans this size$2,416
2024$4,923 per active participant
2023$7,114 per active participant
2022$6,287 per active participant

Parkview Orthopaedic Group, S.C.'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
LPL FINANCIAL LLC · Investment advisory (plan)$35,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$703

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$38,202 · 0.14%
2023$62,381 · 0.24%
2022$57,434 · 0.19%
Similar plansHealth Care & Social Assistance · Illinois
Heart & Vascular Partners IL$29.9M · 0.48%
Clearbrook IL$29.7M · 0.33%
Gailey Eye Clinic, LTD. IL$29.0M · 0.23%
Surgalign Technologies, Inc IL$27.1M · 0.30%
Gateway Foundation, Inc. IL$26.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362645598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.