Plan Ledger DOL Form 5500 · updated monthly

Gastrointestinal Specialists, Inc.401(k)

GASTROINTESTINAL SPECIALISTS, INC. PROFIT-SHARING PLAN AND TRUST · RICHMOND, VA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Gastrointestinal Specialists, Inc. reported $2,529 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,777 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 0.009% to 0.006%. 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 718th-largest of 2,266 plans among Virginia employers on file, and the 2,709th of 11,911 in health care & social assistance. In 2023, the employer put in $9.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$30,880,560
Participants with balances124
Active participants80
Employer contributions$1,342,154
Employee contributions$147,348
Employer contribution per active participant$16,777
Average account balance$249,037
Benefits paid to participants$4,311,691
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS, HARDY & JOHNSTONE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 103 accts · $1.1M emplr
2023$30.9M · 124 accts · $1.3M emplr
2022$27.2M · 126 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,525
Investment management$4
Total administrative$2,529
The Gastrointestinal Specialists, Inc. 401(k) match · 2023
Employer contribution per active participant$16,777
Median for plans this size$2,440
2024$15,211 per active participant
2023$16,777 per active participant
2022$13,561 per active participant

Gastrointestinal Specialists, Inc.'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.

Administrative cost history3
2024$1,925 · 0.01%
2023$2,529 · 0.01%
2022$2,715 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
The Anderson Clinic, LLC VA$30.9M · 0.01%
Artis Senior Living, LLC VA$30.2M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541062007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.