Plan Ledger DOL Form 5500 · updated monthly

Gwinnett Clinic LTD.401(k)

GWINNETT CLINIC 401(K) PROFIT SHARING PLAN · DULUTH, GA · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Gwinnett Clinic LTD. reported $28,337 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,107 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,482nd of 2,160), and 7,028th of 11,911 in health care & social assistance. In 2022, employees put in $5.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,676,189
Participants with balances98
Active participants113
Employer contributions$125,112
Employee contributions$707,948
Employer contribution per active participant$1,107
Average account balance$68,124
Benefits paid to participants$302,277
Plan auditUnmodified (clean) audit opinion
The Gwinnett Clinic LTD. 401(k) match · 2022
Employer contribution per active participant$1,107
Median for plans this size$1,114

Gwinnett Clinic LTD.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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 history1
2022$28,337 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Georgia

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Source: U.S. Department of Labor, Form 5500 series, EIN 581590562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.