Plan Ledger DOL Form 5500 · updated monthly

Albany Gastroenterology Consultants, PLLC401(k)

ALBANY GASTROENTEROLOGY CONSULTANTS, PLLC 401(K) PLAN · ALBANY, NY · plan year 2023

Reported admin expense ratio · 2023
0.03%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Albany Gastroenterology Consultants, PLLC reported $10,049 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,600 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.03% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,810th-largest of 5,648 plans among New York employers on file, and the 2,544th of 11,911 in health care & social assistance. In 2023, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 90 to 104 since 2022.

Plan summary
Net assets, end of year$33,742,278
Participants with balances140
Active participants104
Employer contributions$998,356
Employee contributions$828,250
Employer contribution per active participant$9,600
Average account balance$241,016
Benefits paid to participants$1,974,749
Plan auditUnmodified (clean) audit opinion
AuditorWOJESKI & COMPANY CPA'S PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 159 accts · $88K emplr
2023$33.7M · 140 accts · $998K emplr
2022$30.7M · 125 accts · $990K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,549
Trustee / custodial$4,500
Total administrative$10,049
The Albany Gastroenterology Consultants, PLLC 401(k) match · 2023
Employer contribution per active participant$9,600
Median for plans this size$2,440
2023$9,600 per active participant
2022$11,005 per active participant

Albany Gastroenterology Consultants, PLLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N. A. · Recordkeeping · Custodial (securities)$10,049

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,219 · 0.08%
2023$10,049 · 0.03%
2022$8,997 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · New York
Columbia Memorial Hospital NY$34.4M · 0.57%
All Metro Health Care NY$34.1M · 0.49%
Engel Burman Senior Housing NY$33.9M · 0.51%
Olean Medical Practice PLLC NY$33.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452553782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.