Plan Ledger DOL Form 5500 · updated monthly

Concord Ophthalmologic Associates PA401(k)

CONCORD EYE CENTER EMPLOYEE PROFIT SHARING PLAN · CONCORD, NH · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Concord Ophthalmologic Associates PA reported $4,741 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,311 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 0.018% to 0.016%. 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 120th-largest of 411 plans among New Hampshire employers on file, and the 2,655th of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 132 to 158 since 2022.

Plan summary
Net assets, end of year$31,641,626
Participants with balances199
Active participants158
Employer contributions$681,185
Employee contributions$692,804
Employer contribution per active participant$4,311
Average account balance$159,003
Benefits paid to participants$524,515
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WESCHLER & CO,PA
Plan history3
Yearassets · accounts · employer contribution
2024$31.6M · 199 accts · $681K emplr
2023$26.6M · 206 accts · $745K emplr
2022$21.8M · 190 accts · $674K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,869
Investment management$2,872
Total administrative$4,741
The Concord Ophthalmologic Associates PA 401(k) match · 2024
Employer contribution per active participant$4,311
Median for plans this size$2,416
2024$4,311 per active participant
2023$5,644 per active participant
2022$5,103 per active participant

Concord Ophthalmologic Associates PA'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,869

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$4,741 · 0.02%
2023$5,034 · 0.02%
2022$4,954 · 0.02%
Similar plansHealth Care & Social Assistance · New Hampshire
Granite Vna, Inc. NH$42.4M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020339119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.