Plan Ledger DOL Form 5500 · updated monthly

American Anesthesiology of Virginia , P.C.401(k)

FAANA RETIREMENT PLAN · FALLS CHURCH, VA · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

American Anesthesiology of Virginia , P.C. reported $146,026 in plan administrative expenses for 2022: 0.39% of average plan assets, above the peer median. Employer contributions averaged $7,317 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 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 666th-largest of 2,266 plans among Virginia employers on file, and the 2,512th of 11,911 in health care & social assistance. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,249,687
Participants with balances120
Active participants101
Employer contributions$739,048
Employee contributions$1,454,491
Employer contribution per active participant$7,317
Average account balance$285,414
Benefits paid to participants$1,137,381
Plan auditUnmodified (clean) audit opinion
AuditorBACHELER & COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$15.7M · 73 accts · $405K emplr
2022$34.2M · 120 accts · $739K emplr
Administrative expenses, itemized · 2022
Investment management$139,441
Professional / advisory$6,500
Total administrative$146,026
The American Anesthesiology of Virginia , P.C. 401(k) match · 2022
Employer contribution per active participant$7,317
Median for plans this size$2,266
2023$36,822 per active participant
2022$7,317 per active participant

American Anesthesiology of Virginia , P.C.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$99,640 · 0.40%
2022$146,026 · 0.39%
Similar plansHealth Care & Social Assistance · Virginia
Blumont, Inc. VA$35.2M · 0.10%
The Anderson Clinic, LLC VA$30.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621098942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.