Plan Ledger DOL Form 5500 · updated monthly

Amer. Board of Family Medicine, Inc.401(k)

AMERICAN BOARD OF FAMILY MEDICINE, INC. SAVINGS & PROFIT SHARING PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.31%

Amer. Board of Family Medicine, Inc. reported $54,638 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 313th-largest of 871 plans among Kentucky employers on file, and the 1,116th of 3,341 in other services.

Plan summary
Net assets, end of year$18,429,440
Participants with balances120
Active participants114
Employer contributions—
Employee contributions$905,056
Employer contribution per active participant—
Average account balance$153,579
Benefits paid to participants$1,512,107
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,884
Investment management$1,754
Total administrative$54,638
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$52,884

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

Administrative cost history1
2024$54,638 · 0.31%
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Source: U.S. Department of Labor, Form 5500 series, EIN 430921226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.