Bridger Orthopedics & Sports Medicine, P.C. Profit Sharing Plan

Overview

The Bridger Orthopedics & Sports Medicine, P.C. Profit Sharing Plan is a private-sector pension vehicle for the Montana-based orthopedic practice. Founded in Bozeman by Dr. John Campbell — who also co-founded Synergy Health Partners — the plan reflects a physician-group model where retirement assets are interwoven with the enterprise that generates them. The firm itself operates three clinical campuses across Bozeman (East and West) and Belgrade, plus a walk-in urgent-care network that runs seven days a week. The plan leans heavily toward real property. Core assets include the Bridger Orthopedic West Bozeman Campus at 1450 Ellis Street and the East Bozeman Campus at 3400 Laramie Drive, along with a commercial clinic in Belgrade. Beyond physical real estate, the trust makes participant loans and holds a general-account position with an insurance company — a plain-vanilla fixed-income sleeve common among small professional-practice plans. There is no public evidence of fund commitments, venture allocations, or co-investment programs; the portfolio reads as directly owned real estate plus conservative credit. AUM is not publicly disclosed. Altss estimates the plan at roughly $33 million based on property footprints and peer-structure modeling. The underlying clinical group also partners with Bozeman Health, the principal hospital system in the Gallatin Valley, and participates in the Bozeman Health Foundation’s philanthropic network. What distinguishes the plan structurally is its concentration: retirement assets are principally hard real estate occupied by the plan’s own sponsors. Unlike diversified pension trusts, this vehicle’s return profile is inextricable from the operating performance of the Bridger Orthopedic clinics — a risk very few outside allocators can replicate.