Plan Ledger DOL Form 5500 · updated monthly

Cardiovascular Medicine, P.C.401(k)

CARDIOVASCULAR MEDICINE, P. C. 401(K) PROFIT SHARING PLAN · DAVENPORT, IA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Cardiovascular Medicine, P.C. reported $72,498 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $7,291 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 rose from 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 164th-largest of 878 plans among Iowa employers on file, and the 1,640th of 11,911 in health care & social assistance. In 2022, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$59,078,402
Participants with balances279
Active participants230
Employer contributions$1,676,969
Employee contributions$1,158,193
Employer contribution per active participant$7,291
Average account balance$211,751
Benefits paid to participants$1,401,239
Plan auditUnmodified (clean) audit opinion
AuditorOFWF LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$56.3M · 290 accts · $1.8M emplr
2022$59.1M · 279 accts · $1.7M emplr
The Cardiovascular Medicine, P.C. 401(k) match · 2022
Employer contribution per active participant$7,291
Median for plans this size$3,449
2023$7,638 per active participant
2022$7,291 per active participant

Cardiovascular Medicine, P.C.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$82,465 · 0.14%
2022$72,498 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Mercy Care Management, Inc. IA$78.4M · 0.11%
Ora Orthopedics, P.C. IA$76.8M · 0.20%
Sioux Center Health IA$46.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421085919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.