Plan Ledger DOL Form 5500 · updated monthly

Central Virginia Family Physicians, Inc.401(k)

CENTRAL VIRGINIA FAMILY PHYSICIANS, INC. 401 (K) PROFIT SHARING PLAN AND TRUST · LYNCHBURG, VA · plan year 2022

Reported admin expense ratio · 2022
0.58%

Central Virginia Family Physicians, Inc. reported $194,888 in plan administrative expenses for 2022: 0.58% of average plan assets, higher than ~75% of peers. 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 0.58% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 733rd-largest of 2,266 plans among Virginia employers on file, and the 2,752nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$30,378,316
Participants with balances213
Active participants55
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$142,621
Benefits paid to participants$2,756,693
Plan auditUnmodified (clean) audit opinion
AuditorCOLEY, EUBANK & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 166 accts
2023$25.3M · 180 accts
2022$30.4M · 213 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$90,149
Investment management$46,131
Total administrative$194,888
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
2024$176,015 · 0.78%
2023$163,561 · 0.59%
2022$194,888 · 0.58%
Similar plansHealth Care & Social Assistance · Virginia
The Anderson Clinic, LLC VA$30.9M · 0.01%
Artis Senior Living, LLC VA$30.2M · 0.52%
Wall Holdings, Inc. VA$26.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541663754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.