Plan Ledger DOL Form 5500 · updated monthly

Peninsula Orthopaedic Associates, P.A.401(k)

PENINSULA ORTHOPAEDIC ASSOCIATES, P.A. PROFIT SHARING PLAN · SALISBURY, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Peninsula Orthopaedic Associates, P.A. reported $46,802 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $7,088 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 0.36% to 0.26%. 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 651st-largest of 1,671 plans among Maryland employers on file, and the 3,733rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.68 for every $1.00 employees contributed themselves; active participation has grown from 102 to 148 since 2022.

Plan summary
Net assets, end of year$19,718,927
Participants with balances163
Active participants148
Employer contributions$1,049,041
Employee contributions$624,717
Employer contribution per active participant$7,088
Average account balance$120,975
Benefits paid to participants$810,886
Plan auditUnmodified (clean) audit opinion
AuditorPKS & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 163 accts · $1.0M emplr
2023$16.7M · 132 accts · $813K emplr
2022$15.1M · 128 accts · $828K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,831
Investment management$24,971
Total administrative$46,802
The Peninsula Orthopaedic Associates, P.A. 401(k) match · 2024
Employer contribution per active participant$7,088
Median for plans this size$2,416
2024$7,088 per active participant
2023$7,133 per active participant
2022$8,121 per active participant

Peninsula Orthopaedic Associates, P.A.'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
ASCENSUS LLC · Loan processing · Recordkeeping$21,831
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$24,971

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$46,802 · 0.26%
2023$19,218 · 0.12%
2022$58,947 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Clinical Associates, P.A. MD$21.4M · 0.16%
Nexion Health, Inc. MD$21.4M · 0.90%
American Kidney Fund, Inc. MD$20.1M · 0.00%
Cvr Management, LLC MD$19.7M · 0.20%
Essential Brands, Inc. MD$19.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520910711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.