Orthoatlanta 401(k) Review & Grade
Orthoatlanta 401(k) Profit Sharing Plan
Atlanta, GAHealth Care & Social Assistance624 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,714Employer $ per active participant
$5,122Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$46.5MNet plan assets, end of year
$57,934Average balance per account
Score breakdown
- Employer generosity43.2 / 5086th percentile for employer $ per participant
- Low cost11.7 / 2547th percentile for low admin cost vs. same-size plans
- Employee saving12.0 / 1580th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score70 / 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 | 86th |
| Lower admin cost | 47th |
| Employee saving | 80th |
| 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
- Orthoatlanta put in about $3,714 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 | $2,315,531 |
| Participant (employee) contributions | $3,193,567 |
| Other contributions (incl. rollovers in) | $402,236 |
| Administrative expenses paid from the plan | $107,966 |
| Investment advisory & management fees | $40,020 |
| Benefits paid out | $3,224,148 |
| Net assets, start / end of year | $38.8M / $46.5M |
| Active participants, start / end of year | 585 / 662 |
| Participants with account balances | 803 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bennett Thrasher |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $67,946 reported compensation |
| Empower Advisory Group, LLC | $39,820 reported compensation |
| Empower Financial Services, Inc. | $200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013124705NAL0001969008001, received 2025-10-13, EIN 03-0482395, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.