Plan Ledger DOL Form 5500 · updated monthly

Sportsmed Orthopaedic Specialists, P.C.401(k)

SPORTSMED ORTHOPAEDIC SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2022

Reported admin expense ratio · 2022
0.77%

Sportsmed Orthopaedic Specialists, P.C. reported $119,904 in plan administrative expenses for 2022: 0.77% of average plan assets, higher than ~90% of peers. 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 among the smaller plans on file in Alabama (752nd of 902), and 9,460th of 11,911 in health care & social assistance. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,733,243
Participants with balances161
Active participants0
Employer contributions$212,210
Employee contributions$492,455
Employer contribution per active participant—
Average account balance$16,977
Benefits paid to participants$21,305,031
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.7M · 161 accts · $212K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$103,900
Investment management$16,004
Total administrative$119,904
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$119,904 · 0.77%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
U.S.A. Healthcare, Inc. AL$2.8M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631262177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.