Plan Snapshot
- Plan Sponsor: Syracuse Orthopedic Specialists, PC
- Sponsor EIN: 160992982
- Sponsor Address: 5786 WIDEWATERS PARKWAY, SYRACUSE, NY, 13214
- Plan Type: 401(k)
- Total Participants: 752
- Total Assets: $106.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 752 | $106.8M | $3.0M | $3.8M |
| 2023 | 720 | $98.3M | $3.1M | $3.7M |
| 2022 | 732 | $84.3M | $3.3M | $3.5M |
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 |
|---|---|---|---|---|
| WILMINGTON TRUST NATIONAL ASSOC | Investment Advisor | $40,350 | — | $40,350 |
| LPL FINANCIAL LLC | Investment Advisor | $13,450 | — | $13,450 |
| BONADIO & CO LLP | Auditor | $13,000 | — | $13,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $10,231 | — | $10,231 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Investment Advisor
- BONADIO & CO LLP — Auditor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,031
- Estimated Expense Ratio: 0.072% 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 | $79,531 | $53,800 | — | $13,000 | — |
| 2023 | $78,153 | $40,950 | — | $13,400 | — |
| 2022 | $89,747 | — | — | — | — |