Plan Ledger DOL Form 5500 · updated monthly

The Center for Bone and Joint Disease, P.A.401(k)

THE CENTER FOR BONE AND JOINT DISEASE, P.A. PROFIT SHARING PLAN · HUDSON, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

The Center for Bone and Joint Disease, P.A. reported $20,984 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,421 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 0.19% to 0.15%. 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 1,328th-largest of 3,644 plans among Florida employers on file, and the 4,342nd of 11,911 in health care & social assistance. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 104 to 117 since 2022.

Plan summary
Net assets, end of year$15,767,155
Participants with balances151
Active participants117
Employer contributions$517,294
Employee contributions$642,996
Employer contribution per active participant$4,421
Average account balance$104,418
Benefits paid to participants$160,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 151 accts · $517K emplr
2023$13.0M · 150 accts · $480K emplr
2022$10.5M · 132 accts · $477K emplr
Administrative expenses, itemized · 2024
Investment management$20,984
Total administrative$20,984
The The Center for Bone and Joint Disease, P.A. 401(k) match · 2024
Employer contribution per active participant$4,421
Median for plans this size$2,416
2024$4,421 per active participant
2023$4,324 per active participant
2022$4,585 per active participant

The Center for Bone and Joint Disease, P.A.'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 · 20242
WELLINGTON CONSULTING SERVICES, INC · Investment advisory (participants) · Investment advisory (plan)$20,984
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,108

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

Administrative cost history3
2024$20,984 · 0.15%
2023$20,990 · 0.18%
2022$21,000 · 0.19%
Similar plansHealth Care & Social Assistance · Florida
Healthmap Solutions, Inc. FL$16.1M · 0.52%
Medical Home Alliance, LLC FL$15.9M · 0.48%
Sage Dental Management, LLC FL$15.7M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591559073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.