Plan Ledger DOL Form 5500 · updated monthly

Arizona Center for Hand Surgery, P.C.401(k)

ARIZONA CENTER FOR HAND SURGERY, P.C. 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.83%

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

Arizona Center for Hand Surgery, P.C. reported $49,332 in plan administrative expenses for 2022: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,153 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (782nd of 1,285), and 7,496th of 11,911 in health care & social assistance. In 2022, the employer put in $2.63 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,756,345
Participants with balances165
Active participants64
Employer contributions$585,786
Employee contributions$222,880
Employer contribution per active participant$9,153
Average account balance$34,887
Benefits paid to participants$163,272
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE PLESE & DREHER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.8M · 165 accts · $586K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$44,389
Investment management$2,434
Professional / advisory$2,509
Total administrative$49,332
The Arizona Center for Hand Surgery, P.C. 401(k) match · 2022
Employer contribution per active participant$9,153
Median for plans this size$1,114

Arizona Center for Hand Surgery, P.C.'s 2022 employer contribution ran above the $1,114 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
2023Not separately reported
2022$49,332 · 0.83%
Similar plansHealth Care & Social Assistance · Arizona
Outlier, LLC AZ$6.3M · 0.56%
New Hope of Arizona, Inc AZ$5.9M · 1.05%
Great Elm Healthcare, LLC AZ$5.8M · 1.06%
Community Food Bank, Inc. AZ$5.5M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861003227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.