Plan Snapshot
- Plan Sponsor: Growth Orthopaedics Mso
- Sponsor EIN: 853612850
- Sponsor Address: 550 S DIXIE HWY, CORAL GABLES, FL, 33146
- Plan Type: 401(k)
- Total Participants: 294
- Total Assets: $24.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 294 | $24.0M | $621,104 | $1.2M |
| 2023 | 281 | $16.5M | $527,011 | $1.1M |
| 2022 | 307 | $14.1M | $1.1M | $743,821 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MCF ADVISORS LLC | Investment Advisor | $86,906 | — | $86,906 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $51,135 | — | $51,135 |
| MCGREGOR & ASSOCIATES, INC. | Other Service Provider | $2,310 | $10,000 | $12,310 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,351
- Estimated Expense Ratio: 0.627% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $138,656 | $138,656 | — | — | — |
| 2023 | $115,031 | — | $115,031 | — | — |
| 2022 | $130,954 | — | $130,954 | — | — |