Plan Ledger DOL Form 5500 · updated monthly

Dx Mso PLLC401(k)

DX MSO PLLC 401(K) PROFIT SHARING PLAN AND TRUST · CLEVELAND, TN · plan year 2024

Reported admin expense ratio · 2024
2.10%

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

Dx Mso PLLC reported $42,250 in plan administrative expenses for 2024: 2.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,171 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 2.42% to 2.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,310th of 1,496), and 10,016th of 11,911 in health care & social assistance. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 102 to 117 since 2022.

Plan summary
Net assets, end of year$2,041,320
Participants with balances162
Active participants117
Employer contributions$137,002
Employee contributions$377,772
Employer contribution per active participant$1,171
Average account balance$12,601
Benefits paid to participants$735,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 162 accts · $137K emplr
2023$2.0M · 110 accts · $90K emplr
2022$1.7M · 134 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,250
Total administrative$42,250
The Dx Mso PLLC 401(k) match · 2024
Employer contribution per active participant$1,171
Median for plans this size$1,313
2024$1,171 per active participant
2023$816 per active participant
2022$1,241 per active participant

Dx Mso PLLC's 2024 employer contribution ran below the $1,313 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 · 202410
ERISA SERVICES INC · Contract administrator$2,721
ERISA SERVICES, INC. · Contract administrator$2,721
WOODBURY FINANCIAL SERVICES INC. · Investment advisory (plan)$2,559
WOODBURY FINANCIAL SERVICES, INC. · Investment advisory (plan)$2,559
EMPOWER ADVISORY GROUP, LLC · Investment management$24
EMPOWER ADVISORY GROUP, LLC · Investment management$24
ERISA SERVICES, INC. · Other servicesindirect comp
LPL FINANCIAL CORPORATIONindirect 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$42,250 · 2.10%
2023$43,947 · 2.41%
2022$39,696 · 2.42%
Similar plansHealth Care & Social Assistance · Tennessee
Meritan, Inc. TN$2.3M · 0.16%
Ave Maria Home TN$2.2M · 0.97%
Progress, Inc. TN$2.1M · 0.04%
Stones River Manor, Inc. TN$1.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460933667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.