Plan Ledger DOL Form 5500 · updated monthly

Gastroenterology Associates PA401(k)

GASTROENTEROLOGY ASSOCIATES P.A. PROFIT SHARING PLAN AND TRUST · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Gastroenterology Associates PA reported $109,561 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,354 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 0.59% to 0.31%. 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 151st-largest of 807 plans among South Carolina employers on file, and the 2,299th of 11,911 in health care & social assistance. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves; active participation has grown from 191 to 230 since 2022.

Plan summary
Net assets, end of year$38,670,794
Participants with balances346
Active participants230
Employer contributions$1,461,431
Employee contributions$1,091,916
Employer contribution per active participant$6,354
Average account balance$111,765
Benefits paid to participants$1,665,924
Plan auditUnmodified (clean) audit opinion
AuditorJENNINGS COOK & CO CPAS P.A
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 346 accts · $1.5M emplr
2023$31.5M · 325 accts · $1.4M emplr
2022$30.9M · 281 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,439
Investment management$54,122
Total administrative$109,561
The Gastroenterology Associates PA 401(k) match · 2024
Employer contribution per active participant$6,354
Median for plans this size$2,416
2024$6,354 per active participant
2023$5,847 per active participant
2022$7,618 per active participant

Gastroenterology Associates PA'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 · 20242
ADP, INC. · Recordkeeping$55,439
ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Trustee$54,122

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

Recordkeeper by year2
2024ADP, ROYAL ALLIANCE ASSOCIATES, INC.
2023ADP, AMERICAN TRUST COMPANY, ROYAL ALLIANCE ASSOCIATES, INC.

This plan has changed recordkeepers within these filings. If you left Gastroenterology Associates PA before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,561 · 0.31%
2023$752,189 · 2.41%
2022$193,774 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Eye Health America, LLC SC$45.3M · 0.76%
Inspirium Health, LLC SC$39.6M · 0.51%
Greenwood Genetic Center SC$38.0M · 0.08%
Arcis Healthcare, LLC SC$37.8M · 0.02%
Hmr Veterans Services, Inc. SC$35.0M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570669903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.