Plan Ledger DOL Form 5500 · updated monthly

Premier Orthopaedic and Sports Medicine Associates, LTD.401(k)

PREMIER ORTHOPAEDIC AND SPORTS MEDICINE ASSOCIATES LTD. 401K PROFIT SHARING PLAN · NEWTOWN SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Premier Orthopaedic and Sports Medicine Associates, LTD. reported $89,090 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $15,741 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 0.07% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 450th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,057th of 11,911 in health care & social assistance. In 2024, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has shrunk from 583 to 264 since 2022.

Plan summary
Net assets, end of year$105,249,531
Participants with balances647
Active participants264
Employer contributions$4,155,523
Employee contributions$2,544,919
Employer contribution per active participant$15,741
Average account balance$162,673
Benefits paid to participants$7,495,426
Plan auditUnmodified (clean) audit opinion
AuditorJOSEPH P. MELVIN COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$105.2M · 647 accts · $4.2M emplr
2023$93.2M · 701 accts · $2.6M emplr
2022$82.7M · 641 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,057
Trustee / custodial$33
Total administrative$89,090
The Premier Orthopaedic and Sports Medicine Associates, LTD. 401(k) match · 2024
Employer contribution per active participant$15,741
Median for plans this size$3,635
2024$15,741 per active participant
2023$12,634 per active participant
2022$5,225 per active participant

Premier Orthopaedic and Sports Medicine Associates, LTD.'s 2024 employer contribution ran above the $3,635 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
JOHN HANCOCK · Recordkeeping$89,057

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$89,090 · 0.09%
2023$46,780 · 0.05%
2022$65,790 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Rgi Management Company LLC PA$124.5M · 0.13%
Family Practice Center, PC PA$107.8M · 0.24%
Butler Memorial Hospital PA$103.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232866529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.