Plan Ledger DOL Form 5500 · updated monthly

Atlanta Heart Specialists, LLC401(k)

ATLANTA HEART SPECIALISTS, LLC 401(K) PLAN · EAST TUCKER, GA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Atlanta Heart Specialists, LLC reported $108,042 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,053 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 0.40% to 0.56%. 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 856th-largest of 2,160 plans among Georgia employers on file, and the 3,626th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 89 to 105 since 2022.

Plan summary
Net assets, end of year$20,519,575
Participants with balances142
Active participants105
Employer contributions$425,560
Employee contributions$646,310
Employer contribution per active participant$4,053
Average account balance$144,504
Benefits paid to participants$217,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 142 accts · $426K emplr
2023$17.8M · 191 accts · $354K emplr
2022$15.0M · 178 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,665
Investment management$96,377
Total administrative$108,042
The Atlanta Heart Specialists, LLC 401(k) match · 2024
Employer contribution per active participant$4,053
Median for plans this size$2,416
2024$4,053 per active participant
2023$3,616 per active participant
2022$3,753 per active participant

Atlanta Heart Specialists, LLC's 2024 employer contribution ran above 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 · 20243
ALLIANCE PENSION CONSULTANTS · Recordkeeping · Participant communication$11,665
KINWELL LLC · Investment management$96,377
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect 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$108,042 · 0.56%
2023$66,920 · 0.41%
2022$64,170 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
North Atlanta Primary Care GA$22.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582563008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.