Plan Snapshot
- Plan Sponsor: The Bone & Joint Center, P.C.
- Sponsor EIN: 450321538
- Sponsor Address: 310 N 9TH STREET, BISMARCK, ND, 58501
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $27.0M
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. |
|---|---|---|---|---|
| 2024 | 120 | $27.0M | $888,127 | $834,012 |
| 2023 | 118 | $22.8M | $876,491 | $813,108 |
| 2022 | 121 | $18.6M | $743,892 | $729,558 |
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 |
|---|---|---|---|---|
| BRAVERA WEALTH | Recordkeeper | $54,449 | — | $54,449 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,449
- Estimated Expense Ratio: 0.202% 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 | $54,747 | $42,239 | — | — | — |
| 2023 | $54,992 | $40,641 | — | — | — |
| 2022 | $50,449 | $45,199 | — | — | — |