Plan Ledger DOL Form 5500 · updated monthly

Vann Virginia Center for Orthopaedics, P.C.401(k)

ATLANTIC ORTHOPAEDIC SPECIALISTS 401(K) PROFIT SHARING RETIREMENT PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Vann Virginia Center for Orthopaedics, P.C. reported $69,868 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,190 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 0.27%. 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 785th-largest of 2,266 plans among Virginia employers on file, and the 2,938th of 11,911 in health care & social assistance. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 195 to 230 since 2022.

Plan summary
Net assets, end of year$27,650,816
Participants with balances279
Active participants230
Employer contributions$963,653
Employee contributions$845,870
Employer contribution per active participant$4,190
Average account balance$99,107
Benefits paid to participants$2,019,434
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 279 accts · $964K emplr
2023$24.8M · 265 accts · $890K emplr
2022$22.1M · 269 accts · $836K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,404
Investment management$60,464
Total administrative$69,868
The Vann Virginia Center for Orthopaedics, P.C. 401(k) match · 2024
Employer contribution per active participant$4,190
Median for plans this size$2,416
2024$4,190 per active participant
2023$4,279 per active participant
2022$4,290 per active participant

Vann Virginia Center for Orthopaedics, 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 · 20243
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan)$60,464
JPMORGAN INVESTMENT HOLDINGS LLC$5,669
PBMARES, LLP · Contract administrator$3,735

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$69,868 · 0.27%
2023$61,035 · 0.26%
2022$62,657 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Artis Senior Living, LLC VA$30.2M · 0.52%
Wall Holdings, Inc. VA$26.9M · 0.06%
Anchor Healthcare, P.L.C. VA$25.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541869072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.