Plan Ledger DOL Form 5500 · updated monthly

Idaho Gastroenterology Associates, LLP401(k)

IDAHO GASTROENTEROLOGY ASSOCIATES, LLP 401(K) PROFIT SHARING PLAN · BOISE, ID · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Idaho Gastroenterology Associates, LLP reported $47,287 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $7,930 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 0.38% to 0.42%. 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 142nd-largest of 349 plans among Idaho employers on file, and the 4,827th of 11,911 in health care & social assistance. In 2023, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has grown from 79 to 94 since 2022.

Plan summary
Net assets, end of year$13,403,856
Participants with balances140
Active participants94
Employer contributions$745,427
Employee contributions$664,032
Employer contribution per active participant$7,930
Average account balance$95,742
Benefits paid to participants$1,494,599
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS CPAS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 147 accts · $762K emplr
2023$13.4M · 140 accts · $745K emplr
2022$11.5M · 123 accts · $688K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,753
Investment management$5,534
Total administrative$47,287
The Idaho Gastroenterology Associates, LLP 401(k) match · 2023
Employer contribution per active participant$7,930
Median for plans this size$2,440
2024$6,993 per active participant
2023$7,930 per active participant
2022$8,706 per active participant

Idaho Gastroenterology Associates, LLP'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
WELLS FARGO FINANCIAL NETWORK LLC · Investment advisory (plan)$22,515
EMPOWER ADVISORY GROUP, LLC · Investment management$5,534

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

Administrative cost history3
2024$55,429 · 0.42%
2023$47,287 · 0.38%
2022$45,901 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Idaho
Caribou Medical Center Plan ID$14.3M · 0.40%
North Canyon Medical Center ID$14.3M · 0.99%
Jannus, Inc. ID$13.4M · 0.39%
Health West, Inc. ID$11.4M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820492308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.