Plan Ledger DOL Form 5500 · updated monthly

Associated Physicians, LLP401(k)

ASSOCIATED PHYSICIANS, LLP 401(K) PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Associated Physicians, LLP reported $50,845 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,532 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 0.22% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 858th-largest of 1,936 plans among Wisconsin employers on file, and the 3,675th of 11,911 in health care & social assistance. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 135 to 151 since 2022.

Plan summary
Net assets, end of year$20,214,591
Participants with balances202
Active participants151
Employer contributions$684,404
Employee contributions$794,360
Employer contribution per active participant$4,532
Average account balance$100,072
Benefits paid to participants$914,543
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 202 accts · $684K emplr
2023$17.1M · 208 accts · $577K emplr
2022$16.5M · 185 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,739
Investment management$34,106
Total administrative$50,845
The Associated Physicians, LLP 401(k) match · 2024
Employer contribution per active participant$4,532
Median for plans this size$2,416
2024$4,532 per active participant
2023$4,119 per active participant
2022$4,013 per active participant

Associated Physicians, LLP'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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$16,857
MILESTONE INVESTMENT ADVISORS · Investment management$33,988

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$50,845 · 0.27%
2023$45,588 · 0.27%
2022$38,988 · 0.22%
Same employer
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Bell Ambulance, Inc. WI$21.1M · 0.01%
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United Community Center WI$19.6M · 0.35%
Wisconsin Vision, Inc. WI$19.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391837462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.