Plan Ledger DOL Form 5500 · updated monthly

Usop, LLC401(k)

US ORTHOPAEDIC PARTNERS 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Usop, LLC reported $229,431 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,706 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 0.24%. 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 270th-largest of 2,160 plans among Georgia employers on file, and the 1,082nd of 11,911 in health care & social assistance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 944 to 1,590 since 2022.

Plan summary
Net assets, end of year$102,531,514
Participants with balances1,243
Active participants1,590
Employer contributions$4,303,172
Employee contributions$6,211,457
Employer contribution per active participant$2,706
Average account balance$82,487
Benefits paid to participants$9,478,393
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$102.5M · 1,243 accts · $4.3M emplr
2023$88.1M · 1,193 accts · $3.9M emplr
2022$67.1M · 1,094 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,542
Investment management$185,889
Audit (IQPA)$17,000
Total administrative$229,431
The Usop, LLC 401(k) match · 2024
Employer contribution per active participant$2,706
Median for plans this size$3,635
2024$2,706 per active participant
2023$3,815 per active participant
2022$3,594 per active participant

Usop, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20246
MAGNOLIA CAPITAL ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$185,889
HUB INTERNATIONAL MIDWEST LTD · Contract administrator$25,080
LBMC, PC · Accounting / audit$17,000
EMPOWER ADVISORY GROUP, LLC · Investment management$5,919

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$229,431 · 0.24%
2023$147,227 · 0.19%
2022$128,079 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
The Longstreet Clinic, P.C. GA$143.0M · 0.14%
Houston Healthcare GA$124.0M · 0.11%
Care, Inc. GA$115.5M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 852924718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.