Plan Ledger DOL Form 5500 · updated monthly

Titan Medical Group, LLC401(k)

TITAN MEDICAL GROUP, LLC 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Titan Medical Group, LLC reported $65,545 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $604 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 0.872%. 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 Nebraska (402nd of 565), and 6,444th of 11,911 in health care & social assistance. In 2024, employees put in $5.45 for every $1.00 the employer contributed; active participation has shrunk from 379 to 341 since 2022.

Plan summary
Net assets, end of year$8,004,022
Participants with balances260
Active participants341
Employer contributions$205,805
Employee contributions$1,121,712
Employer contribution per active participant$604
Average account balance$30,785
Benefits paid to participants$1,117,855
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 260 accts · $206K emplr
2023$7.0M · 357 accts · $365K emplr
2022$4.9M · 286 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,731
Investment management$25,814
Total administrative$65,545
The Titan Medical Group, LLC 401(k) match · 2024
Employer contribution per active participant$604
Median for plans this size$1,313
2024$604 per active participant
2023$854 per active participant
2022$1,002 per active participant

Titan Medical Group, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$39,730
MARINER WEALTH ADVISORS, LLC · Recordkeeping · Trustee$25,814
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MARINER WEALTH ADVISORS, LLC
2023ADP, MARINER WEALTH ADVISORS, LLC

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Administrative cost history3
2024$65,545 · 0.87%
2023$53,386 · 0.90%
2022$40,252 · 0.87%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Nye Health Services NE$8.9M · 0.77%
Heritage HR LLC NE$8.7M · 0.91%
Risemark Holdings, LLC NE$7.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470846142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.