Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Pain Associates, PLLC401(k)

THE PAIN ASSOCIATES 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Commonwealth Pain Associates, PLLC reported $57,133 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,895 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 0.65% to 0.42%. 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 326th-largest of 871 plans among Kentucky employers on file, and the 4,064th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 250 to 490 since 2022.

Plan summary
Net assets, end of year$17,453,537
Participants with balances436
Active participants490
Employer contributions$928,473
Employee contributions$1,556,442
Employer contribution per active participant$1,895
Average account balance$40,031
Benefits paid to participants$586,994
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 436 accts · $928K emplr
2023$10.1M · 254 accts · $570K emplr
2022$7.5M · 262 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,133
Total administrative$57,133
The Commonwealth Pain Associates, PLLC 401(k) match · 2024
Employer contribution per active participant$1,895
Median for plans this size$2,416
2024$1,895 per active participant
2023$1,537 per active participant
2022$1,973 per active participant

Commonwealth Pain Associates, PLLC'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.

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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$27,506
RETIREMENT MANAGEMENT SERVICES, LLC · Other servicesindirect 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
2024$57,133 · 0.42%
2023$37,401 · 0.43%
2022$48,767 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Big Sandy Health Care, Inc KY$17.5M · 0.10%
One Pediatrics, PLLC KY$15.5M · 0.25%
Russell County Hospital KY$15.0M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461507241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.