Orthopedic One, Inc. 401(k) Review & Grade
Orthopedic One, Inc. 401(k) Plan
Westerville, OHHealth Care & Social Assistance710 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,421Employer $ per active participant
$6,578Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$152.0MNet plan assets, end of year
$173,741Average balance per account
Score breakdown
- Employer generosity48.5 / 5097th percentile for employer $ per participant
- Low cost23.2 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score88 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 93th |
| Employee saving | 91th |
| Peers that auto-enroll | 36% |
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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
- Orthopedic One put in about $8,421 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 | $5,983,155 |
| Participant (employee) contributions | $4,673,469 |
| Other contributions (incl. rollovers in) | $7,179 |
| Administrative expenses paid from the plan | $42,955 |
| Benefits paid out | $13,550,959 |
| Net assets, start / end of year | $136.3M / $152.0M |
| Active participants, start / end of year | 722 / 699 |
| Participants with account balances | 875 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark Schaefer Hackett |
Largest service providers (Schedule C)
| Milliman, Inc. | $42,955 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006121019NAL0008829426001, received 2025-10-06, EIN 20-0503812, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.