Plan Ledger DOL Form 5500 · updated monthly

Atlanta Gastroenterology Associates401(k)

AGA 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Atlanta Gastroenterology Associates reported $16,430 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,996 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 0.00% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 301st-largest of 2,160 plans among Georgia employers on file, and the 1,172nd of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 1,142 to 1,482 since 2022.

Plan summary
Net assets, end of year$91,261,855
Participants with balances994
Active participants1,482
Employer contributions$2,957,339
Employee contributions$5,680,651
Employer contribution per active participant$1,996
Average account balance$91,813
Benefits paid to participants$5,258,277
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.3M · 994 accts · $3.0M emplr
2023$76.9M · 890 accts · $3.1M emplr
2022$58.7M · 791 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,430
Total administrative$16,430
The Atlanta Gastroenterology Associates 401(k) match · 2024
Employer contribution per active participant$1,996
Median for plans this size$3,635
2024$1,996 per active participant
2023$2,880 per active participant
2022$2,084 per active participant

Atlanta Gastroenterology Associates's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20247
MONTEREY FINANCIAL PARTNERS INC · Investment advisory (plan)$40,439
ASCENSUS HOLDINGS INC · Contract administrator$29,886
FRAZIER & DEETER LLC · Accounting / audit$26,000
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$24,750
MONTEREY FINANCIAL PARTNERS, INC.$19,114
EMPOWER ADVISORY GROUP, LLC · Investment management$7,565

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$16,430 · 0.02%
2023$9,359 · 0.01%
2022$140 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
The Longstreet Clinic, P.C. GA$143.0M · 0.14%
Houston Healthcare GA$124.0M · 0.11%
Care, Inc. GA$115.5M · 0.08%
Usop, LLC GA$102.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582238919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.