Plan Ledger DOL Form 5500 · updated monthly

Arizona Pulmonary Specialists, LTD.401(k)

ARIZONA PULMONARY SPECIALISTS, LTD. SAVINGS PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Arizona Pulmonary Specialists, LTD. reported $50,211 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $11,580 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 3 years on file its reported administrative ratio has held roughly steady near 0.202%. 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 281st-largest of 1,285 plans among Arizona employers on file, and the 2,823rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,342,765
Participants with balances107
Active participants83
Employer contributions$961,174
Employee contributions$783,311
Employer contribution per active participant$11,580
Average account balance$274,231
Benefits paid to participants$2,643,390
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 95 accts · $933K emplr
2023$29.3M · 107 accts · $961K emplr
2022$26.3M · 112 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,211
Total administrative$50,211
The Arizona Pulmonary Specialists, LTD. 401(k) match · 2023
Employer contribution per active participant$11,580
Median for plans this size$2,440
2024$12,271 per active participant
2023$11,580 per active participant
2022$11,963 per active participant

Arizona Pulmonary Specialists, LTD.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MILLIMAN, INC. · Recordkeeping · Loan processing$21,824
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,732 · 0.20%
2023$50,211 · 0.18%
2022$56,252 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Genesis Ob/Gyn, P.C. AZ$32.7M · 0.35%
Marana Health Center, Inc. AZ$30.8M · 0.43%
Community Bridges, Inc. AZ$30.7M · 0.09%
Valley Ent, P.C. AZ$29.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860831961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.