Orthofix US LLC 401(k) Review & Grade
Orthofix 401(k) Retirement Plan
Lewisville, TXManufacturing1,272 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,614Employer $ per active participant
$8,874Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$152.6MNet plan assets, end of year
$92,429Average balance per account
Score breakdown
- Employer generosity40.1 / 5080th percentile for employer $ per participant
- Low cost19.4 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 78th |
| Employee saving | 85th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Orthofix US put in about $4,614 per active participant, more than the typical peer ($2,320). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,869,638 |
| Participant (employee) contributions | $11,288,326 |
| Other contributions (incl. rollovers in) | $3,051,494 |
| Administrative expenses paid from the plan | $106,587 |
| Other admin expenses | $51,000 |
| Benefits paid out | $20,139,420 |
| Net assets, start / end of year | $95.0M / $152.6M |
| Active participants, start / end of year | 1,267 / 1,277 |
| Participants with account balances | 1,651 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Gallagher Benefit Services Inc DBA | $51,000 reported compensation |
| Empower Annuity Insurance Company | $43,211 reported compensation |
| Baker Tilly Virchow Krause, LLP | $12,376 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014113142NAL0001308451001, received 2025-10-14, EIN 75-2068036, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.