Plan Ledger DOL Form 5500 · updated monthly

Allied Physicians Surgery Center, LLC401(k)

ALLIED PHYSICIANS SURGERY CENTER, LLC 401(K) PROFIT SHARING PLAN · SOUTH BEND, IN · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Allied Physicians Surgery Center, LLC reported $46,426 in plan administrative expenses for 2023: 0.44% of average plan assets, above the peer median. Employer contributions averaged $5,455 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 has held roughly steady near 0.44%. 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 among the smaller plans on file in Indiana (829th of 1,562), and the 5,291st of 11,911 in health care & social assistance. In 2023, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,493,184
Participants with balances143
Active participants130
Employer contributions$709,162
Employee contributions$684,977
Employer contribution per active participant$5,455
Average account balance$80,372
Benefits paid to participants$1,197,811
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.5M · 143 accts · $709K emplr
2022$9.8M · 132 accts · $636K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,426
Total administrative$46,426
The Allied Physicians Surgery Center, LLC 401(k) match · 2023
Employer contribution per active participant$5,455
Median for plans this size$2,440
2023$5,455 per active participant
2022$5,786 per active participant

Allied Physicians Surgery Center, LLC'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 · 20233
NORTH AMERICAN KTRADE ALLIANCE, LLC$26,553
MEEDER ADVISORY SERVICES, INC. · Investment management$16,541

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

Administrative cost history2
2023$46,426 · 0.44%
2022$46,972 · 0.43%
Similar plansHealth Care & Social Assistance · Indiana
Northeastern Center, Inc. IN$12.8M · 0.02%
Hopebridge, LLC IN$12.1M · 1.06%
Golden Living Centers IN$12.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 353057452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.