Plan Ledger DOL Form 5500 · updated monthly

Central Georgia Heart Center, PC401(k)

CENTRAL GEORGIA HEART CENTER, PC PROFIT SHARING PLAN · MACON, GA · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Central Georgia Heart Center, PC reported $92,838 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,824 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 1.02% to 0.93%. 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 among the smaller plans on file in Georgia (1,180th of 2,160), and the 5,417th of 11,911 in health care & social assistance. In 2024, the employer put in $1.66 for every $1.00 employees contributed themselves; active participation has grown from 109 to 137 since 2022.

Plan summary
Net assets, end of year$11,037,821
Participants with balances180
Active participants137
Employer contributions$797,840
Employee contributions$481,031
Employer contribution per active participant$5,824
Average account balance$61,321
Benefits paid to participants$326,954
Plan auditUnmodified (clean) audit opinion
AuditorCLH CPAS, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 180 accts · $798K emplr
2023$9.0M · 161 accts · $720K emplr
2022$7.4M · 142 accts · $647K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,838
Total administrative$92,838
The Central Georgia Heart Center, PC 401(k) match · 2024
Employer contribution per active participant$5,824
Median for plans this size$2,416
2024$5,824 per active participant
2023$5,806 per active participant
2022$5,940 per active participant

Central Georgia Heart Center, PC'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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$450
MERRILL LYNCH · Investment advisory (participants)$25,446

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$92,838 · 0.93%
2023$81,748 · 1.00%
2022$79,872 · 1.02%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Crh Healthcare, LLC GA$11.5M · 0.20%
Effingham Hospital, Inc. GA$11.4M · 0.00%
Aylo Health, LLC GA$10.8M · 0.91%
Specialty Management, Inc. GA$10.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581581693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.