Emergeortho, P.A. 401(k) Review & Grade
Emergeortho PA Retirement Plan 2
Durham, NCHealth Care & Social Assistance1,222 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,744Employer $ per active participant
$4,194Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$61.0MNet plan assets, end of year
$34,987Average balance per account
Score breakdown
- Employer generosity40.3 / 5081th percentile for employer $ per participant
- Low cost13.2 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving10.6 / 1571th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 53th |
| Employee saving | 71th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $11,514 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Emergeortho, P.A. put in about $2,744 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,353,277 |
| Participant (employee) contributions | $5,125,615 |
| Other contributions (incl. rollovers in) | $835,637 |
| Administrative expenses paid from the plan | $114,279 |
| Other admin expenses | $114,279 |
| Benefits paid out | $5,818,332 |
| Net assets, start / end of year | $48.6M / $61.0M |
| Active participants, start / end of year | 1,193 / 1,251 |
| Participants with account balances | 1,743 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Thomas, Judy & Tucker, PA |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $121,629 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014140929NAL0002981137001, received 2025-10-14, EIN 56-1079264, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.