Plan Ledger DOL Form 5500 · updated monthly

Emergency Physicians of Tidewater, P.L.C.401(k)

EMERGENCY PHYSICIANS OF TIDEWATER, PLC 401(K) & PROFIT SHARING PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Emergency Physicians of Tidewater, P.L.C. reported $194,340 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $20,192 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 0.16% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 204th-largest of 2,266 plans among Virginia employers on file, and the 825th of 11,911 in health care & social assistance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 136 to 228 since 2022.

Plan summary
Net assets, end of year$140,740,807
Participants with balances265
Active participants228
Employer contributions$4,603,800
Employee contributions$3,017,623
Employer contribution per active participant$20,192
Average account balance$531,097
Benefits paid to participants$4,080,615
Plan auditUnmodified (clean) audit opinion
AuditorZUKERMAN & ASSOCIATE,LTD
Plan history3
Yearassets · accounts · employer contribution
2024$140.7M · 265 accts · $4.6M emplr
2023$118.9M · 227 accts · $4.1M emplr
2022$99.3M · 208 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,062
Investment management$173,278
Total administrative$194,340
The Emergency Physicians of Tidewater, P.L.C. 401(k) match · 2024
Employer contribution per active participant$20,192
Median for plans this size$3,635
2024$20,192 per active participant
2023$25,921 per active participant
2022$28,002 per active participant

Emergency Physicians of Tidewater, P.L.C.'s 2024 employer contribution ran above the $3,635 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 · 20247
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$21,062
FINANCIAL SECURITY ADVISORY, IN · Investment advisory (participants)$75,439
CLEARSTEAD ADVISORS LLC · Investment advisory (participants)$62,030
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$19,457
WILBANKS SMITH & THOMAS ASSET · Investment advisory (participants)$16,351
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,290
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$194,340 · 0.15%
2023$164,958 · 0.15%
2022$173,811 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Capital Vision Services, LLC VA$194.2M · 0.24%
Mhm Services, Inc. VA$188.9M · 0.11%
Augusta Health Care VA$149.3M · 0.10%
Servicesource, Inc. VA$124.5M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541141362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.