Plan Ledger DOL Form 5500 · updated monthly

American Surgical Assistants Inc.401(k)

AMERICAN SURGICAL ASSISTANTS 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

American Surgical Assistants Inc. reported $32,423 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $642 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 1 year on file its reported administrative ratio rose from 0.20% to 0.25%. 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 2,457th-largest of 5,688 plans among Texas employers on file, and the 4,546th of 11,911 in health care & social assistance. In 2023, employees put in $5.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,743,452
Participants with balances1,487
Active participants678
Employer contributions$435,253
Employee contributions$2,416,360
Employer contribution per active participant$642
Average account balance$9,915
Benefits paid to participants$1,857,811
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$14.7M · 1,487 accts · $435K emplr
2022$11.6M · 1,312 accts · $717K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,540
Investment management$1,883
Total administrative$32,423
The American Surgical Assistants Inc. 401(k) match · 2023
Employer contribution per active participant$642
Median for plans this size$2,440
2023$642 per active participant
2022$508 per active participant

American Surgical Assistants Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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
ALLIANCE BENEFIT GROUP OF HOUSTON · Contract administrator$22,713
EMPOWER ANNUITY INSURANCE COMPANY · Investment management$10,837
EMPOWER ADVISORY GROUP · Investment management$1,883

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$32,423 · 0.25%
2022$26,055 · 0.20%
Similar plansHealth Care & Social Assistance · Texas
Intuitive Health, LLC TX$14.8M · 0.75%
Baptist Community Services TX$14.8M · 0.72%
Westlake Dermatology, PA TX$14.6M · 0.36%
Cls Health PLLC TX$14.3M · 0.07%
Covenant Group Holdings, LP TX$14.3M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300213088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.