Plan Ledger DOL Form 5500 · updated monthly

Charlotte Gastroenterology & Hepatology, PLLC401(k)

CHARLOTTE GASTROENTEROLOGY & HEPATOLOGY, P.L.L.C PROFIT SHARING PLAN · HUNTERSVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Charlotte Gastroenterology & Hepatology, PLLC reported $134,237 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $10,125 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 0.42% to 0.38%. 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 475th-largest of 2,005 plans among North Carolina employers on file, and the 2,310th of 11,911 in health care & social assistance. In 2024, the employer put in $1.54 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$38,293,558
Participants with balances210
Active participants144
Employer contributions$1,457,932
Employee contributions$945,940
Employer contribution per active participant$10,125
Average account balance$182,350
Benefits paid to participants$590,719
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 210 accts · $1.5M emplr
2023$32.3M · 236 accts · $1.3M emplr
2022$30.0M · 240 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,237
Total administrative$134,237
The Charlotte Gastroenterology & Hepatology, PLLC 401(k) match · 2024
Employer contribution per active participant$10,125
Median for plans this size$2,416
2024$10,125 per active participant
2023$9,263 per active participant
2022$9,834 per active participant

Charlotte Gastroenterology & Hepatology, PLLC'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
LOREN D STARK COMPANY · Contract administrator$4,331
CAPITAL GROUP RETIREMENT PLAN SERVI$2,234

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$134,237 · 0.38%
2023$135,985 · 0.44%
2022$135,875 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Hillco, LTD. NC$41.9M · 0.59%
Raleigh Medical Group, P.A. NC$35.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562059693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.