Plan Snapshot
- Plan Sponsor: Regional Orthopaedic Associates, P.A.
- Sponsor EIN: 510366909
- Sponsor Address: 1941 LIMESTONE ROAD, WILMINGTON, DE, 19808
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 255
- Total Assets: $47.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 255 | $47.8M | $0 | $0 |
| 2024 | 156 | $38.9M | $1.5M | $1.4M |
| 2023 | 161 | $37.1M | $1.4M | $1.3M |
| 2022 | 155 | $29.5M | $1.2M | $1.1M |
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 |
|---|---|---|---|---|
| LINCOLN FINANCIAL GROUP | Other Service Provider | $48,493 | — | $48,493 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $25,842 | — | $25,842 |
| CLIFTON LARSON ALLEN LLP. | Other Service Provider | $15,120 | — | $15,120 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,455
- Estimated Expense Ratio: 0.187% 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 |
|---|---|---|---|---|---|
| 2025 | $821,251 | $48,493 | $25,842 | $15,120 | — |
| 2024 | $87,327 | $46,364 | $26,720 | $14,243 | — |
| 2023 | $66,504 | $37,096 | $22,730 | $6,678 | — |
| 2022 | $67,473 | $36,456 | $21,210 | — | $9,807 |