Plan Ledger DOL Form 5500 · updated monthly

Precision Orthopedics401(k)

PRECISION ORTHOPEDICS 401(K) PLAN · LAUREL, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Precision Orthopedics reported $1,376 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $88 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,341st of 1,671), and 8,399th of 11,911 in health care & social assistance. In 2024, employees put in $51.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,219,244
Participants with balances145
Active participants109
Employer contributions$9,579
Employee contributions$490,554
Employer contribution per active participant$88
Average account balance$29,098
Benefits paid to participants$35,235
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,376
Total administrative$1,376
The Precision Orthopedics 401(k) match · 2024
Employer contribution per active participant$88
Median for plans this size$1,313

Precision Orthopedics's 2024 employer contribution ran below the $1,313 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 · 20242
AMERICAN RETIREMENT PLAN SERVICES · Contract administrator$1,575
CAPITAL GROUP RETIREMENT PLAN SERVI$425

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

Administrative cost history1
2024$1,376 · 0.04%
Similar plansHealth Care & Social Assistance · Maryland
Thc MD$4.3M · 1.93%
Mindoula Health Inc MD$4.2M · 0.51%
Homecare Maryland, LLC MD$4.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454196640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.