Plan Ledger DOL Form 5500 · updated monthly

Family Allergy Mso, LLC401(k)

FAMILY ALLERGY AND ASTHMA SAFE HARBOR 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Family Allergy Mso, LLC reported $94,148 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,375 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 rose from 0.17% to 0.26%. 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 183rd-largest of 871 plans among Kentucky employers on file, and the 2,362nd of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 429 to 530 since 2022.

Plan summary
Net assets, end of year$37,244,098
Participants with balances395
Active participants530
Employer contributions$1,258,934
Employee contributions$2,740,015
Employer contribution per active participant$2,375
Average account balance$94,289
Benefits paid to participants$7,133,909
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 395 accts · $1.3M emplr
2023$34.4M · 348 accts · $1.2M emplr
2022$27.4M · 339 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,629
Investment management$57,246
Audit (IQPA)$14,273
Total administrative$94,148
The Family Allergy Mso, LLC 401(k) match · 2024
Employer contribution per active participant$2,375
Median for plans this size$2,416
2024$2,375 per active participant
2023$2,712 per active participant
2022$2,561 per active participant

Family Allergy Mso, LLC'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 · 20245
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeepingindirect comp
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (plan)$56,571
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,628
CHERRY BEKAERT LLP · Accounting / audit$14,280
TRINITY PENSION CONSULTANTS · 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$94,148 · 0.26%
2023$77,229 · 0.25%
2022$47,084 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Dismas Charities, Inc. KY$43.4M · 0.63%
Arrow Dental, PLLC KY$36.0M · 0.41%
Methodist Health, Inc. KY$30.0M · 0.25%
Pathways, Inc. KY$28.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824503357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.