Professional Orthopedic and Sports Physical Therapy, P.C. 401(k) Review & Grade
Professional Orthopedic and Sports Physical Therapy, P.C. Employee Savings Plan
Melville, NYProfessional, Scientific & Technical Services1,106 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,087Employer $ per active participant
$3,999Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$64.2MNet plan assets, end of year
$59,079Average balance per account
Score breakdown
- Employer generosity10.2 / 5020th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving3.0 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 61th |
| Employee saving | 20th |
| Peers that auto-enroll | 48% |
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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
- Professional Orthopedic and Sports Physical Therapy put in about $1,087 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,201,417 |
| Participant (employee) contributions | $4,420,670 |
| Other contributions (incl. rollovers in) | $499,678 |
| Administrative expenses paid from the plan | $97,506 |
| Investment advisory & management fees | $70,154 |
| Benefits paid out | $6,314,031 |
| Net assets, start / end of year | $55.5M / $64.2M |
| Active participants, start / end of year | 980 / 1,231 |
| Participants with account balances | 1,086 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Stone Hill Fiduciary Management LL | $40,000 reported compensation |
| Strategic Advisors, Inc. | $30,154 reported compensation |
| Fidelity Investments Institutional | $27,352 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250620111736NAL0005734000001, received 2025-06-20, EIN 11-3431170, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.