Plan Ledger DOL Form 5500 · updated monthly

Precision Spine Inc.401(k)

PRECISION SPINE 401K PLAN · PEARL, MS · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Precision Spine Inc. reported $33,835 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $3,423 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 rose from 0.32% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 169th-largest of 367 plans among Mississippi employers on file, and 2,867th of 4,246 in wholesale trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,328,812
Participants with balances124
Active participants103
Employer contributions$352,538
Employee contributions$684,586
Employer contribution per active participant$3,423
Average account balance$83,297
Benefits paid to participants$787,334
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 124 accts · $353K emplr
2023$9.0M · 125 accts · $326K emplr
2022$7.6M · 132 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,090
Investment management$31,745
Total administrative$33,835
The Precision Spine Inc. 401(k) match · 2024
Employer contribution per active participant$3,423
Median for plans this size$1,313
2024$3,423 per active participant
2023$3,103 per active participant
2022$2,887 per active participant

Precision Spine Inc.'s 2024 employer contribution ran above the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,865
GUARANTY PRIVATE WEALTH LLC · Investment advisory (participants) · Investment advisory (plan)$31,745

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$33,835 · 0.35%
2023$29,597 · 0.36%
2022$25,820 · 0.32%
Same employer
Similar plansWholesale Trade · Mississippi
Waring Oil Company, LLC MS$16.7M · 0.49%
Krone NA Inc MS$16.6M · 0.20%
Hotel & Restaurant Supply MS$12.8M · 0.06%
Dutch Oil Company, Inc. MS$8.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455079087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.