Plan Ledger DOL Form 5500 · updated monthly

Cardiology Associates of North Mississippi, P.A.401(k)

CARDIOLOGY ASSOCIATES OF NORTH MISSISSIPPI, P.A. 401(K) PLAN · TUPELO, MS · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Cardiology Associates of North Mississippi, P.A. reported $3,094 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,971 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 1 year on file its reported administrative ratio fell from 0.007% to 0.006%. 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 41st-largest of 367 plans among Mississippi employers on file, and the 1,637th of 11,911 in health care & social assistance. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 163 to 189 since 2022.

Plan summary
Net assets, end of year$59,164,954
Participants with balances195
Active participants189
Employer contributions$372,463
Employee contributions$1,194,523
Employer contribution per active participant$1,971
Average account balance$303,410
Benefits paid to participants$1,006,800
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$59.2M · 195 accts · $372K emplr
2023$52.0M · 183 accts · $369K emplr
2022$45.4M · 189 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,094
Total administrative$3,094
The Cardiology Associates of North Mississippi, P.A. 401(k) match · 2024
Employer contribution per active participant$1,971
Median for plans this size$3,635
2024$1,971 per active participant
2023$2,263 per active participant
2022$2,042 per active participant

Cardiology Associates of North Mississippi, P.A.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$3,094 · 0.01%
2023$3,250 · 0.01%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · Mississippi
Hattiesburg Clinic, P.A. MS$402.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640868337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.