Plan Ledger DOL Form 5500 · updated monthly

Birmingham Hematology & Oncology Associates, LLC401(k)

BIRMINGHAM HEMATOLOGY & ONCOLOGY ASSOCIATES, LLC 401K PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Birmingham Hematology & Oncology Associates, LLC reported $81,926 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $6,100 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 3 years on file its reported administrative ratio has held roughly steady near 0.203%. 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 165th-largest of 902 plans among Alabama employers on file, and the 2,105th of 11,911 in health care & social assistance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$43,136,842
Participants with balances384
Active participants244
Employer contributions$1,488,319
Employee contributions$1,138,577
Employer contribution per active participant$6,100
Average account balance$112,336
Benefits paid to participants$1,737,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.1M · 384 accts · $1.5M emplr
2023$37.4M · 339 accts · $1.4M emplr
2022$37.2M · 318 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$81,926
Total administrative$81,926
The Birmingham Hematology & Oncology Associates, LLC 401(k) match · 2024
Employer contribution per active participant$6,100
Median for plans this size$2,416
2024$6,100 per active participant
2023$5,939 per active participant
2022$5,845 per active participant

Birmingham Hematology & Oncology Associates, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$8,609
CAPITAL GROUP RETIREMENT PLAN SVCS$7,892

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$81,926 · 0.20%
2023$68,488 · 0.18%
2022$80,863 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Encore Rehabilitation, Inc. AL$47.6M · 0.30%
S.B.J.S., P.C. AL$42.0M · 0.15%
Highfive Dental Holdco, LLC AL$40.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522170293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.