Plan Ledger DOL Form 5500 · updated monthly

Instride Foot & Ankle Specialist PLLC401(k)

INSTRIDE FOOT AND ANKLE SPECIALISTS, PLLC 401K · CONCORD, NC · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Instride Foot & Ankle Specialist PLLC reported $88,056 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,114 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 0.51% to 0.48%. 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 776th-largest of 2,005 plans among North Carolina employers on file, and the 3,953rd of 11,911 in health care & social assistance. In 2023, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,132,312
Participants with balances263
Active participants187
Employer contributions$395,289
Employee contributions$1,123,434
Employer contribution per active participant$2,114
Average account balance$68,944
Benefits paid to participants$1,963,036
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 222 accts · $386K emplr
2023$18.1M · 263 accts · $395K emplr
2022$14.8M · 238 accts · $388K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$49,923
Investment management$38,108
Total administrative$88,056
The Instride Foot & Ankle Specialist PLLC 401(k) match · 2023
Employer contribution per active participant$2,114
Median for plans this size$2,440
2024$2,183 per active participant
2023$2,114 per active participant
2022$2,118 per active participant

Instride Foot & Ankle Specialist PLLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
ASCENSUS LLC · Loan processing · Recordkeeping$49,923
RESOURCES INVESTMENT ADVISORS. · Investment advisory (plan)$20,867
ONE DIGITAL INVESTMENT ADVISORS$12,962
NEXTCAPITAL GROUP, INC.$4,279
TD AMERITRADE, INC. · Securities brokerage$25

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$79,941 · 0.48%
2023$88,056 · 0.53%
2022$82,072 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina

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Source: U.S. Department of Labor, Form 5500 series, EIN 300700851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.