Plan Ledger DOL Form 5500 · updated monthly

Sterling Ridge Orthopaedics & Sports Medicine, PLLC401(k)

STERLING RIDGE ORTHOPAEDICS 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Sterling Ridge Orthopaedics & Sports Medicine, PLLC reported $59,803 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,220 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 0.58% to 0.64%. 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 Texas (3,006th of 5,688), and the 5,608th of 11,911 in health care & social assistance. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 102 to 117 since 2022.

Plan summary
Net assets, end of year$10,341,990
Participants with balances143
Active participants117
Employer contributions$259,688
Employee contributions$718,435
Employer contribution per active participant$2,220
Average account balance$72,322
Benefits paid to participants$149,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 143 accts · $260K emplr
2023$8.3M · 156 accts · $224K emplr
2022$6.5M · 179 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,254
Investment management$36,549
Total administrative$59,803
The Sterling Ridge Orthopaedics & Sports Medicine, PLLC 401(k) match · 2024
Employer contribution per active participant$2,220
Median for plans this size$1,313
2024$2,220 per active participant
2023$2,021 per active participant
2022$1,789 per active participant

Sterling Ridge Orthopaedics & Sports Medicine, PLLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Recordkeeping$23,254
M2 FINANCIAL LLC · Investment advisory (plan)$36,549

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$59,803 · 0.64%
2023$45,968 · 0.62%
2022$39,511 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Dynamic Access LLC TX$10.5M · 0.27%
Excelin Home Health, LLC TX$10.5M · 0.81%
Westminster Manor TX$10.4M · 0.78%
Spine Team Texas, P.A. TX$10.2M · 0.37%
Work Services Corporation TX$10.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202100365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.