Plan Ledger DOL Form 5500 · updated monthly

Cardiothoracic & Vascular Surgeons, P.A.401(k)

CTVS 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cardiothoracic & Vascular Surgeons, P.A. reported $94,237 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $18,480 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 0.12% to 0.14%. 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 844th-largest of 5,688 plans among Texas employers on file, and the 1,453rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$69,161,274
Participants with balances152
Active participants101
Employer contributions$1,866,498
Employee contributions$1,325,597
Employer contribution per active participant$18,480
Average account balance$455,008
Benefits paid to participants$12,028,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.2M · 152 accts · $1.9M emplr
2023$69.0M · 154 accts · $1.7M emplr
2022$61.2M · 146 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,666
Investment management$10,265
Trustee / custodial$3,666
Total administrative$94,237
The Cardiothoracic & Vascular Surgeons, P.A. 401(k) match · 2024
Employer contribution per active participant$18,480
Median for plans this size$3,635
2024$18,480 per active participant
2023$17,135 per active participant
2022$16,617 per active participant

Cardiothoracic & Vascular Surgeons, P.A.'s 2024 employer contribution ran above the $3,635 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 · 20243
EMPLOYEE INCENTIVE PLANS, INC. · Claims processing · Contract administrator$3,666
ATLASMARK FINANCIAL, INC · Consulting · Investment advisory (participants)$10,265
FIDELITY BROKERAGE SERVICES, INC. · Claims processing · Custodial (securities)$3,666

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$94,237 · 0.14%
2023$84,114 · 0.13%
2022$80,519 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Adc Physicians, P.A. TX$71.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741796484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.