Plan Ledger DOL Form 5500 · updated monthly

Desert Pain Specialists, PC401(k)

DESERT PAIN SPECIALISTS, PC 401(K) PLAN · ST. GEORGE, UT · plan year 2023

Reported admin expense ratio · 2023
1.18%

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

Desert Pain Specialists, PC reported $36,942 in plan administrative expenses for 2023: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,462 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 1 year on file its reported administrative ratio rose from 0.88% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (681st of 848), and 8,950th of 11,911 in health care & social assistance. In 2023, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,425,276
Participants with balances226
Active participants124
Employer contributions$181,236
Employee contributions$199,383
Employer contribution per active participant$1,462
Average account balance$15,156
Benefits paid to participants$231,847
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 226 accts · $181K emplr
2022$2.8M · 185 accts · $141K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,683
Investment management$25,259
Total administrative$36,942
The Desert Pain Specialists, PC 401(k) match · 2023
Employer contribution per active participant$1,462
Median for plans this size$1,308
2023$1,462 per active participant
2022$1,328 per active participant

Desert Pain Specialists, PC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$11,683
SOLTIS INVESTMENT ADVISORS, LLC · Investment management$25,259

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

Administrative cost history2
2023$36,942 · 1.18%
2022$25,762 · 0.88%
Similar plansHealth Care & Social Assistance · Utah
Aspiro Group Inc UT$3.6M · 0.57%
Kids on the Move, Inc UT$3.4M · 0.64%
Ffp Management, LLC UT$3.4M · 0.88%
Blue Mountain Hospital UT$3.0M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261737440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.