Plan Ledger DOL Form 5500 · updated monthly

Gastrointestinal Associates, P.C.401(k)

GASTROINTESTINAL ASSOCIATES, P.C. RETIREMENT PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Gastrointestinal Associates, P.C. reported $63,897 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $6,361 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 0.21% to 0.25%. 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 436th-largest of 1,496 plans among Tennessee employers on file, and the 2,913th of 11,911 in health care & social assistance. In 2023, the employer put in $1.44 for every $1.00 employees contributed themselves; active participation has grown from 127 to 142 since 2022.

Plan summary
Net assets, end of year$28,067,660
Participants with balances178
Active participants142
Employer contributions$903,260
Employee contributions$626,173
Employer contribution per active participant$6,361
Average account balance$157,683
Benefits paid to participants$832,343
Plan auditUnmodified (clean) audit opinion
AuditorWOODALL GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 189 accts · $993K emplr
2023$28.1M · 178 accts · $903K emplr
2022$23.4M · 162 accts · $836K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,359
Investment management$23,000
Trustee / custodial$25,538
Total administrative$63,897
The Gastrointestinal Associates, P.C. 401(k) match · 2023
Employer contribution per active participant$6,361
Median for plans this size$2,440
2024$6,712 per active participant
2023$6,361 per active participant
2022$6,584 per active participant

Gastrointestinal Associates, P.C.'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 · 20233
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$15,359
NEWPORT TRUST COMPANY · Claims processing · Trustee (directed)$25,538
PYA WALTMAN CAPITAL LLC · Investment advisory (plan)$23,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$68,422 · 0.25%
2023$63,897 · 0.25%
2022$51,878 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Gastroenterology Associates TN$29.5M · 0.03%
Johnson City Eye Clinic, PC TN$28.9M · 0.13%
Frontier Health TN$25.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620863523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.