Plan Ledger DOL Form 5500 · updated monthly

Associated Surgeons & Physicians, LLC401(k)

ASAP 401(K) & PROFIT SHARING PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Associated Surgeons & Physicians, LLC reported $16,919 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,322 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 fell from 0.15% to 0.05%. 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 373rd-largest of 1,562 plans among Indiana employers on file, and the 2,451st of 11,911 in health care & social assistance. In 2024, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,370,229
Participants with balances258
Active participants160
Employer contributions$371,444
Employee contributions$961,114
Employer contribution per active participant$2,322
Average account balance$137,094
Benefits paid to participants$4,780,015
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 258 accts · $371K emplr
2023$34.2M · 247 accts · $394K emplr
2022$32.1M · 265 accts · $444K emplr
The Associated Surgeons & Physicians, LLC 401(k) match · 2024
Employer contribution per active participant$2,322
Median for plans this size$2,416
2024$2,322 per active participant
2023$2,542 per active participant
2022$2,708 per active participant

Associated Surgeons & Physicians, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC WEALTH PARTNERS GROUP, L · Consulting$47,573
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$16,919 · 0.05%
2023$44,448 · 0.13%
2022$55,511 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Indiana Spine Group, P.C. IN$36.7M · 0.15%
Allied Physicians Inc. IN$33.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263512835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.