Plan Ledger DOL Form 5500 · updated monthly

American Gastroenterological Association403(b)

AGA INSTITUTE RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

American Gastroenterological Association reported $92,236 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $7,230 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 0.26% to 0.28%. 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 430th-largest of 1,671 plans among Maryland employers on file, and the 628th of 3,341 in other services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,576,890
Participants with balances145
Active participants99
Employer contributions$715,766
Employee contributions$888,313
Employer contribution per active participant$7,230
Average account balance$238,461
Benefits paid to participants$1,195,108
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY & ASBURY
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 145 accts · $716K emplr
2023$30.3M · 142 accts · $679K emplr
2022$24.9M · 146 accts · $594K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,236
Total administrative$92,236
Employer contributions to the American Gastroenterological Association plan · 2024
Employer contribution per active participant$7,230
Median for plans this size$2,416
2024$7,230 per active participant
2023$7,070 per active participant
2022$6,058 per active participant

American Gastroenterological Association's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$92,236
HARBOR INVESTMENT ADVISORY, LLC · Investment advisory (plan) · Investment advisory (participants)$20,000

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

Administrative cost history3
2024$92,236 · 0.28%
2023$79,548 · 0.29%
2022$72,740 · 0.26%
Similar plansOther Services · Maryland
Global Communities MD$42.7M · 0.23%
The Chimes, Inc. MD$38.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366066325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.