Plan Ledger DOL Form 5500 · updated monthly

The Orthopaedic Group, P.C.401(k)

THE ORTHOPAEDIC GROUP, P.C. PROFIT SHARING PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Orthopaedic Group, P.C. reported $12,306 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,417 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 3 years on file its reported administrative ratio has held roughly steady near 0.026%. 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 145th-largest of 902 plans among Alabama employers on file, and the 1,940th of 11,911 in health care & social assistance. In 2024, the employer put in $1.75 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,697,205
Participants with balances256
Active participants175
Employer contributions$1,472,983
Employee contributions$842,157
Employer contribution per active participant$8,417
Average account balance$186,317
Benefits paid to participants$8,565,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.7M · 256 accts · $1.5M emplr
2023$46.8M · 256 accts · $1.5M emplr
2022$39.8M · 235 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,306
Total administrative$12,306
The The Orthopaedic Group, P.C. 401(k) match · 2024
Employer contribution per active participant$8,417
Median for plans this size$2,416
2024$8,417 per active participant
2023$8,683 per active participant
2022$7,490 per active participant

The Orthopaedic Group, 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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$12,306

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$12,306 · 0.03%
2023$26,793 · 0.06%
2022$11,182 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Oncology Specialties, P.C. AL$58.8M · 0.41%
Encore Rehabilitation, Inc. AL$47.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631187140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.