Centers for Advanced Orthopaedics, LLC 401(k) Review & Grade
Centers for Advanced Orthopaedics, LLC 401(k) Profit Sharing Plan
Bethesda, MDHealth Care & Social Assistance2,038 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,124Employer $ per active participant
$4,924Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$196.1MNet plan assets, end of year
$75,583Average balance per account
Score breakdown
- Employer generosity44.2 / 5088th percentile for employer $ per participant
- Low cost10.9 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score74 / 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 | 88th |
| Lower admin cost | 44th |
| Employee saving | 78th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,182 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Centers for Advanced Orthopaedics put in about $4,124 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $8,404,507 |
| Participant (employee) contributions | $10,034,462 |
| Other contributions (incl. rollovers in) | $7,638,217 |
| Administrative expenses paid from the plan | $490,805 |
| Investment advisory & management fees | $162,391 |
| Other admin expenses | $95,150 |
| Benefits paid out | $10,568,772 |
| Net assets, start / end of year | $159.1M / $196.1M |
| Active participants, start / end of year | 1,943 / 2,133 |
| Participants with account balances | 2,595 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Joseph P. Melvin Company, LLC |
Largest service providers (Schedule C)
| John Hancock | $176,306 reported compensation |
| Chapin Davis, Inc. | $129,438 reported compensation |
| The Mandmarblestone Group LLC | $95,149 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013192008NAL0003945458001, received 2025-10-13, EIN 45-4852156, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.