Plan Ledger DOL Form 5500 · updated monthly

Bel-Park Anesthesia Associates Inc401(k)

BEL-PARK ANESTHESIA ASSOCIATES RETIREMENT SAVINGS PLAN · CANFIELD, OH · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Bel-Park Anesthesia Associates Inc reported $22,190 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,548 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 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 569th-largest of 3,295 plans among Ohio employers on file, and the 1,618th of 11,911 in health care & social assistance. In 2023, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,843,470
Participants with balances147
Active participants130
Employer contributions$1,501,177
Employee contributions$1,533,860
Employer contribution per active participant$11,548
Average account balance$407,098
Benefits paid to participants$11,840,603
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 142 accts · $1.3M emplr
2023$59.8M · 147 accts · $1.5M emplr
2022$58.9M · 35 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Investment management$22,190
Total administrative$22,190
The Bel-Park Anesthesia Associates Inc 401(k) match · 2023
Employer contribution per active participant$11,548
Median for plans this size$3,659
2024$12,588 per active participant
2023$11,548 per active participant
2022$11,057 per active participant

Bel-Park Anesthesia Associates Inc's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CLEARSTEAD ADVISORS, LLC · Pension consulting$14,919
VANGUARD ADVISORS, LLC · Investment advisory (participants)$6,922

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$19,375 · 0.03%
2023$22,190 · 0.04%
2022$27,244 · 0.04%
Similar plansHealth Care & Social Assistance · Ohio
Tsg Resources, Inc. OH$60.9M · 0.87%
Fortec Medical, Inc. OH$59.3M · 0.08%
Dayton Physicians, LLC OH$59.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341039898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.