Plan Ledger DOL Form 5500 · updated monthly

Gastroenterology Associates of the Piedmont, PA401(k)

GASTROENTEROLOGY ASSOCIATES OF THE PIEDMONT, PA RETIREMENT SAVINGS AND PROFIT SHARING PLAN · WINSTON-SALEM, NC · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Gastroenterology Associates of the Piedmont, PA reported $51,287 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $10,838 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 0.17% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 535th-largest of 2,005 plans among North Carolina employers on file, and the 2,615th of 11,911 in health care & social assistance. In 2023, the employer put in $1.67 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,304,624
Participants with balances169
Active participants94
Employer contributions$1,018,727
Employee contributions$609,332
Employer contribution per active participant$10,838
Average account balance$191,152
Benefits paid to participants$3,112,273
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 190 accts · $1.1M emplr
2023$32.3M · 169 accts · $1.0M emplr
2022$28.9M · 154 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,287
Total administrative$51,287
The Gastroenterology Associates of the Piedmont, PA 401(k) match · 2023
Employer contribution per active participant$10,838
Median for plans this size$2,440
2024$10,604 per active participant
2023$10,838 per active participant
2022$10,758 per active participant

Gastroenterology Associates of the Piedmont, PA's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STIFEL, NICOLAUS & CO., INC. · Investment advisory (plan)$507,374
CAPITAL GROUP RET. PLAN SERVICES$875

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$51,022 · 0.16%
2023$51,287 · 0.17%
2022$53,890 · 0.17%
Similar plansHealth Care & Social Assistance · North Carolina
Horizon Eye Care, P.A. NC$32.8M · 0.07%
Authoracare Collective NC$32.5M · 0.44%
Maxwell Group Inc. NC$31.3M · 0.35%
Honorbridge NC$31.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561251665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.