Plan Ledger DOL Form 5500 · updated monthly

University Orthopedics, Inc.401(k)

UNIVERSITY ORTHOPEDICS, INC. 401(K) PLAN · EAST PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

University Orthopedics, Inc. reported $19,164 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,034 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 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 35th-largest of 286 plans among Rhode Island employers on file, and the 839th of 11,911 in health care & social assistance. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 530 to 625 since 2022.

Plan summary
Net assets, end of year$138,083,148
Participants with balances771
Active participants625
Employer contributions$5,021,242
Employee contributions$4,615,729
Employer contribution per active participant$8,034
Average account balance$179,096
Benefits paid to participants$6,086,012
Plan auditUnmodified (clean) audit opinion
AuditorSANSIVERI KIMBALL & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$138.1M · 771 accts · $5.0M emplr
2023$113.3M · 708 accts · $4.4M emplr
2022$95.6M · 655 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,495
Investment management$9,669
Total administrative$19,164
The University Orthopedics, Inc. 401(k) match · 2024
Employer contribution per active participant$8,034
Median for plans this size$3,635
2024$8,034 per active participant
2023$7,727 per active participant
2022$7,755 per active participant

University Orthopedics, Inc.'s 2024 employer contribution ran above the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$19,164

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
2023ADP

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

Administrative cost history3
2024$19,164 · 0.02%
2023$17,592 · 0.02%
2022$12,480 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Care New England RI$570.4M · 0.10%
Minuteclinic, LLC RI$350.0M · 0.05%
South County Hospital RI$108.5M · 0.18%
Thundermist Health Center RI$52.9M · 0.03%
Health Concepts, LTD RI$43.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050447454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.