Reconstructive Orthopaedic Associates II, P.C. 401(k) Review & Grade
Rothman Institute 401(k) Profit Sharing Plan
Philadelphia, PAHealth Care & Social Assistance1,594 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,102Employer $ per active participant
$6,158Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$244.7MNet plan assets, end of year
$122,176Average balance per account
Score breakdown
- Employer generosity47.5 / 5095th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving13.3 / 1589th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score87 / 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 | 95th |
| Lower admin cost | 75th |
| Employee saving | 89th |
| 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
- Reconstructive Orthopaedic Associates II put in about $7,102 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.
- 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 | $11,323,583 |
| Participant (employee) contributions | $9,819,044 |
| Other contributions (incl. rollovers in) | $1,178,669 |
| Administrative expenses paid from the plan | $217,534 |
| Investment advisory & management fees | $157,995 |
| Benefits paid out | $24,596,454 |
| Net assets, start / end of year | $214.7M / $244.7M |
| Active participants, start / end of year | 1,694 / 1,495 |
| Participants with account balances | 2,003 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $149,989 reported compensation |
| Onedigital Investment Advisors LLC | $131,241 reported compensation |
| Empower Advisory Group, LLC | $26,754 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015151427NAL0010321266001, received 2025-10-15, EIN 23-2856880, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.