Plan Ledger DOL Form 5500 · updated monthly

Cimplify401(k)

UROLOGY HEALTHCARE GROUP, INC. 401(K)/PROFIT SHARING PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cimplify reported $91,942 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $8,719 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 0.20% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 176th-largest of 1,496 plans among Tennessee employers on file, and the 1,173rd of 11,911 in health care & social assistance. In 2024, the employer put in $2.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$91,260,050
Participants with balances482
Active participants381
Employer contributions$3,322,096
Employee contributions$1,549,038
Employer contribution per active participant$8,719
Average account balance$189,336
Benefits paid to participants$3,431,645
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$91.3M · 482 accts · $3.3M emplr
2023$79.5M · 466 accts · $3.1M emplr
2022$66.2M · 463 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,942
Total administrative$91,942
The Cimplify 401(k) match · 2024
Employer contribution per active participant$8,719
Median for plans this size$3,635
2024$8,719 per active participant
2023$8,414 per active participant
2022$7,855 per active participant

Cimplify's 2024 employer contribution ran above the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$67,545
JULY BUSINESS SERVICES, LLC · Recordkeeping$6,025
ACUFF & ASSOCIATES, INC. · Accounting / audit$18,372
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024July Business Services, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Cimplify before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,942 · 0.11%
2023$146,671 · 0.20%
2022$142,941 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Chs Employee Group, LLC TN$100.4M · 0.15%
The West Clinic PLLC TN$98.2M · 0.25%
Newstat, PLLC TN$81.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621657133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.