Plan Ledger DOL Form 5500 · updated monthly

Arizona Asthma & Allergy Institute, LTD.401(k)

ARIZONA ASTHMA & ALLERGY INSTITUTE 401(K) PROFIT SHARING PLAN · PEORIA, AZ · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Arizona Asthma & Allergy Institute, LTD. reported $42,423 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $1,878 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 fell from 0.54% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 615th-largest of 1,285 plans among Arizona employers on file, and 5,967th of 11,911 in health care & social assistance. In 2023, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,241,448
Participants with balances98
Active participants94
Employer contributions$176,538
Employee contributions$561,848
Employer contribution per active participant$1,878
Average account balance$94,300
Benefits paid to participants$101,844
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$9.2M · 98 accts · $177K emplr
2022$7.5M · 102 accts · $184K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,405
Investment management$40,018
Total administrative$42,423
The Arizona Asthma & Allergy Institute, LTD. 401(k) match · 2023
Employer contribution per active participant$1,878
Median for plans this size$1,308
2023$1,878 per active participant
2022$2,221 per active participant

Arizona Asthma & Allergy Institute, LTD.'s 2023 employer contribution ran above the $1,308 median for plans its size. 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 · 20232
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$2,405
DECISIONPOINT FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$40,018

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$42,423 · 0.51%
2022$42,974 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Millenium Vision, Inc. AZ$9.7M · 0.76%
The Joint Corp. AZ$9.5M · 0.04%
The Guidance Center, Inc. AZ$9.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860379167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.