Plan Ledger DOL Form 5500 · updated monthly

Gastrointestinal & Liver Specialists of Tidewater, PLLC401(k)

GASTROINTESTINAL & LIVER SPECIALISTS OF TIDEWATER, PLLC 401(K) PROFIT SHARING PLAN · VIRGINIA BEACH, VA · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Gastrointestinal & Liver Specialists of Tidewater, PLLC reported $206,838 in plan administrative expenses for 2022: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,628 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 646th-largest of 2,266 plans among Virginia employers on file, and the 2,445th of 11,911 in health care & social assistance. In 2022, the employer put in $1.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,518,758
Participants with balances218
Active participants172
Employer contributions$279,992
Employee contributions$176,798
Employer contribution per active participant$1,628
Average account balance$162,930
Benefits paid to participants$21,653,035
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$35.5M · 218 accts · $280K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$87,276
Investment management$119,562
Total administrative$206,838
The Gastrointestinal & Liver Specialists of Tidewater, PLLC 401(k) match · 2022
Employer contribution per active participant$1,628
Median for plans this size$3,449

Gastrointestinal & Liver Specialists of Tidewater, PLLC's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$206,838 · 0.40%
Similar plansHealth Care & Social Assistance · Virginia
Urology of Virginia, PLLC VA$38.1M · 0.02%
Blumont, Inc. VA$35.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541870984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.