Plan Ledger DOL Form 5500 · updated monthly

Goldsboro Pediatrics, P.A.401(k)

GOLDSBORO PEDIATRICS, P.A. 40L(K) PROFIT SHARING PLAN · GOLDSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Goldsboro Pediatrics, P.A. reported $153,839 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,636 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. 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 514th-largest of 2,005 plans among North Carolina employers on file, and the 2,557th of 11,911 in health care & social assistance. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves; active participation has grown from 75 to 86 since 2022.

Plan summary
Net assets, end of year$33,425,141
Participants with balances99
Active participants86
Employer contributions$742,673
Employee contributions$475,396
Employer contribution per active participant$8,636
Average account balance$337,628
Benefits paid to participants$1,688,384
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 99 accts · $743K emplr
2023$30.4M · 106 accts · $756K emplr
2022$26.4M · 102 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,839
Total administrative$153,839
The Goldsboro Pediatrics, P.A. 401(k) match · 2024
Employer contribution per active participant$8,636
Median for plans this size$2,416
2024$8,636 per active participant
2023$8,495 per active participant
2022$10,021 per active participant

Goldsboro Pediatrics, P.A.'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 · 20241
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$153,839

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)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$153,839 · 0.48%
2023$140,124 · 0.49%
2022$145,435 · 0.50%
Similar plansHealth Care & Social Assistance · North Carolina
Raleigh Medical Group, P.A. NC$35.0M · 0.26%
Harnett Health System, Inc. NC$33.8M · 0.16%
Horizon Eye Care, P.A. NC$32.8M · 0.07%
Authoracare Collective NC$32.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561249036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.