Plan Ledger DOL Form 5500 · updated monthly

Huron Gastroenterology Associates, P.C.401(k)

HURON GASTROENTEROLOGY ASSOCIATES, P.C. SAVINGS AND PROFIT SHARING PLAN AND TRUST · YPSILANTI, MI · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Huron Gastroenterology Associates, P.C. reported $19,667 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,632 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 0.10% to 0.04%. 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 730th-largest of 2,619 plans among Michigan employers on file, and the 2,575th of 11,911 in health care & social assistance. In 2023, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 164 to 193 since 2022.

Plan summary
Net assets, end of year$32,932,123
Participants with balances188
Active participants193
Employer contributions$1,280,009
Employee contributions$936,026
Employer contribution per active participant$6,632
Average account balance$175,171
Benefits paid to participants$696,199
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 222 accts · $1.5M emplr
2023$32.9M · 188 accts · $1.3M emplr
2022$26.3M · 162 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,445
Investment management$5,222
Total administrative$19,667
The Huron Gastroenterology Associates, P.C. 401(k) match · 2023
Employer contribution per active participant$6,632
Median for plans this size$2,440
2024$7,766 per active participant
2023$6,632 per active participant
2022$6,904 per active participant

Huron Gastroenterology 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 · 20232
T ROWE PRICE RPS INC · Recordkeeping · Trustee$14,454
FINANCIAL ENGINES · Investment advisory (participants)$5,222

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$13,498 · 0.04%
2023$19,667 · 0.07%
2022$34,604 · 0.10%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 382073464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.