Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) Plan Facts (plan year 2021)

Plan name
BETHESDA-CHEVY CHASE ORTHOPAEDIC ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BETHESDA-CHEVY CHASE ORTHOPAEDIC ASSOCIATES, LLC
Participants
210 (104 active employees)
Former employees with a balance
70
Plan assets
$23,476,847 at Dec 31, 2021
Average account balance
$134,924 across 174 accounts
Employer contributions
$662,665 in plan year 2021 (46% of all contributions)
Recordkeeper
Alerus Financial
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1989
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 5, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $1.45 million went into the plan in contributions, $662,665 of it from the employer (46%).
  • $255,909 was paid out to participants.
  • Investment and other income added $3.48 million.
  • Administrative expenses were $145,383, about $836 per account.

How the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016117$11.1 million$546,352$264,910
2017124$13.6 million$582,435$153,610
2018137$13.6 million$549,290$245,982
2019156$17.0 million$638,954$481,401
2020180$18.9 million$608,774$364,705
2021210$23.5 million$662,665$255,909

Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) Contact Information

Phone
301-530-1010
Mailing address
10215 FERNWOOD ROAD, SUITE 506, BETHESDA MD 20817
Plan sponsor
BETHESDA-CHEVY CHASE ORTHOPAEDIC ASSOCIATES, LLC
Employer identification number (EIN)
52-1976286
Plan number
001

Questions about the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k)

Is the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Bethesda-chevy Chase Orthopaedic Associates, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $662,665, 46% of all contributions.

Does the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) plan?

210 participants at the start of plan year 2021, 104 of them active employees, and 70 former employees who still had money in the plan.

What is the average 401(k) balance at Bethesda-chevy Chase Orthopaedic Associates, Llc?

About $134,924 per account: $23.5 million in plan assets across 174 accounts with a balance at the end of plan year 2021.

Who manages the Bethesda-chevy Chase Orthopaedic Associates, Llc 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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