Plan Ledger DOL Form 5500 · updated monthly

Sports Medicine North Orthopaedic Surgery, Inc.401(k)

SPORTS MEDICINE NORTH ORTHOPAEDIC SURGERY, INC. PROFIT SHARING PLAN · PEABODY, MA · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Sports Medicine North Orthopaedic Surgery, Inc. reported $102,224 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,156 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 946th-largest of 2,726 plans among Massachusetts employers on file, and the 2,594th of 11,911 in health care & social assistance. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,645,145
Participants with balances275
Active participants200
Employer contributions$431,161
Employee contributions$1,340,648
Employer contribution per active participant$2,156
Average account balance$118,710
Benefits paid to participants$806,617
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER, PLCC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$32.6M · 275 accts · $431K emplr
The Sports Medicine North Orthopaedic Surgery, Inc. 401(k) match · 2022
Employer contribution per active participant$2,156
Median for plans this size$2,266

Sports Medicine North Orthopaedic Surgery, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$102,224 · 0.29%
Similar plansHealth Care & Social Assistance · Massachusetts
Austen Riggs Center, Inc. MA$33.9M · 0.02%
Agespan, Inc. MA$33.5M · 0.03%
Woburn Pediatric Associates MA$33.4M · 0.00%
Franciscan Children's MA$32.6M · 0.02%
Editas Medicine, Inc. MA$32.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043205435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.