Plan Ledger DOL Form 5500 · updated monthly

Gastroenterology Associates401(k)

GASTROENTEROLOGY ASSOC. 401(K) P/S PLAN · KINGSPORT, TN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Gastroenterology Associates reported $7,885 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,398 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 0.035% to 0.028%. 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 424th-largest of 1,496 plans among Tennessee employers on file, and the 2,816th of 11,911 in health care & social assistance. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,479,297
Participants with balances141
Active participants111
Employer contributions$599,135
Employee contributions$529,898
Employer contribution per active participant$5,398
Average account balance$209,073
Benefits paid to participants$2,497,255
Plan auditDisclaimer of opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 141 accts · $599K emplr
2023$27.3M · 137 accts · $1.0M emplr
2022$23.5M · 139 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,885
Total administrative$7,885
The Gastroenterology Associates 401(k) match · 2024
Employer contribution per active participant$5,398
Median for plans this size$2,416
2024$5,398 per active participant
2023$9,653 per active participant
2022$5,343 per active participant

Gastroenterology Associates'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
THE VANGUARD GROUP, INC. · Recordkeeping$9,695

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$7,885 · 0.03%
2023$15,061 · 0.06%
2022$8,780 · 0.03%
Similar plansHealth Care & Social Assistance · Tennessee
Qualderm Partners, LLC TN$30.6M · 0.35%
Johnson City Eye Clinic, PC TN$28.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621348249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.