Plan Ledger DOL Form 5500 · updated monthly

Atlantic Neurosurgical Specialists, Inc.401(k)

ALTAIR HEALTH 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

Atlantic Neurosurgical Specialists, Inc. reported $7,825 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. 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 0.18% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,550th of 2,419), and the 5,867th of 11,911 in health care & social assistance. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,505,846
Participants with balances99
Active participants0
Employer contributions$18,849
Employee contributions$16,894
Employer contribution per active participant—
Average account balance$96,019
Benefits paid to participants$304,659
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 99 accts · $19K emplr
2023$8.8M · 130 accts · $240K emplr
2022$7.2M · 111 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,418
Investment management$4,407
Total administrative$7,825
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
CIBC PRIVATE WEALTH ADVISORS INC · Investment advisory (participants)$4,407
CHARLES SCHWAB & CO., INC. · Securities brokerage$71
CHARLES SCHWAB TRUST BANK · 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$7,825 · 0.09%
2023$9,941 · 0.12%
2022$13,712 · 0.18%
Similar plansHealth Care & Social Assistance · New Jersey
Kadiant, LLC NJ$9.9M · 1.31%
Spectrum for Living NJ$9.8M · 0.03%
Scarc, Inc NJ$9.7M · 0.59%
Carewell Health NJ$9.4M · 2.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222020733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.