Plan Ledger DOL Form 5500 · updated monthly

Clinics of North Texas, LLP401(k)

CLINICS OF NORTH TEXAS 401(K) PROFIT SHARING PLAN · WICHITA FALLS, TX · plan year 2024

Employer contribution per participant · 2024
$2,175

Clinics of North Texas, LLP's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $48,578,247 across 276 participant accounts, with employer contributions averaging $2,175 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. 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 1,079th-largest of 5,688 plans among Texas employers on file, and the 1,915th of 11,911 in health care & social assistance. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 175 to 208 since 2022.

Plan summary
Net assets, end of year$48,578,247
Participants with balances276
Active participants208
Employer contributions$452,311
Employee contributions$1,075,302
Employer contribution per active participant$2,175
Average account balance$176,008
Benefits paid to participants$4,715,433
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 276 accts · $452K emplr
2023$45.0M · 275 accts · $522K emplr
2022$40.3M · 276 accts · $461K emplr
Administrative expenses, itemized · 2024
Investment management$5,579
Total administrative-$10,798
The Clinics of North Texas, LLP 401(k) match · 2024
Employer contribution per active participant$2,175
Median for plans this size$2,416
2024$2,175 per active participant
2023$3,002 per active participant
2022$2,633 per active participant

Clinics of North Texas, LLP's 2024 employer contribution ran below the $2,416 median for plans its size. 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,579
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$424 · 0.00%
2022$7,252 · 0.01%
Same employer
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Reliant Pro Rehab, LLC TX$49.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750867304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.