Plan Ledger DOL Form 5500 · updated monthly

Charleston Oncology, P.A.401(k)

CHARLESTON ONCOLOGY, PA 401(K) PROFIT SHARING PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Charleston Oncology, P.A. reported $23,699 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,227 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 0.27% to 0.09%. 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 the 209th-largest of 807 plans among South Carolina employers on file, and the 3,046th of 11,911 in health care & social assistance. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has shrunk from 117 to 34 since 2022.

Plan summary
Net assets, end of year$26,346,075
Participants with balances97
Active participants34
Employer contributions$585,730
Employee contributions$445,136
Employer contribution per active participant$17,227
Average account balance$271,609
Benefits paid to participants$2,267,262
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 97 accts · $586K emplr
2023$24.4M · 106 accts · $807K emplr
2022$23.6M · 158 accts · $791K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,699
Total administrative$23,699
The Charleston Oncology, P.A. 401(k) match · 2024
Employer contribution per active participant$17,227
Median for plans this size$2,416
2024$17,227 per active participant
2023$24,453 per active participant
2022$6,760 per active participant

Charleston Oncology, P.A.'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 · 20241
NEWPORT GROUP, INC. · Recordkeeping$23,699

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$23,699 · 0.09%
2023$65,983 · 0.27%
2022$70,021 · 0.27%
Similar plansHealth Care & Social Assistance · South Carolina
Hopehealth, Inc. SC$32.7M · 0.54%
Orthosc, LLC SC$26.0M · 0.35%
White Oak Management, Inc. SC$25.5M · 0.03%
Columbia Eye Clinic, P.A. SC$24.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205615148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.