Plan Ledger DOL Form 5500 · updated monthly

The Bone & Joint Center, P.C.401(k)

THE BONE & JOINT CENTER, P.C. 401(K) PROFIT SHARING PLAN · BISMARCK, ND · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

The Bone & Joint Center, P.C. reported $54,747 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $7,401 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 fell from 0.26% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 90th-largest of 279 plans among North Dakota employers on file, and the 2,999th of 11,911 in health care & social assistance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$26,965,856
Participants with balances148
Active participants120
Employer contributions$888,127
Employee contributions$834,012
Employer contribution per active participant$7,401
Average account balance$182,202
Benefits paid to participants$698,077
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 148 accts · $888K emplr
2023$22.8M · 150 accts · $876K emplr
2022$18.6M · 151 accts · $744K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,309
Investment management$42,239
Trustee / custodial$6,172
Total administrative$54,747
The The Bone & Joint Center, P.C. 401(k) match · 2024
Employer contribution per active participant$7,401
Median for plans this size$2,416
2024$7,401 per active participant
2023$7,428 per active participant
2022$6,148 per active participant

The Bone & Joint Center, P.C.'s 2024 employer contribution ran above the $2,416 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
BRAVERA WEALTH · Trustee · Recordkeeping$54,449

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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

Administrative cost history3
2024$54,747 · 0.22%
2023$54,992 · 0.27%
2022$50,449 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · North Dakota
Valley Senior Living ND$34.4M · 0.41%
Dakota Eye Institute, PC ND$30.7M · 0.24%
Hit, Inc. ND$27.4M · 0.02%
Anne Carlsen Center ND$26.6M · 0.35%
Dakota Boys and Girls Ranch ND$23.1M · 0.01%
Dms Imaging Inc. ND$21.8M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 450321538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.