Plan Ledger DOL Form 5500 · updated monthly

Jervey Eye Group, P.A.401(k)

JERVEY EYE GROUP, P. A. RETIREMENT PLAN · GREENVILLE, SC · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Jervey Eye Group, P.A. reported $19,784 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,595 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 0.10% to 0.12%. 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 283rd-largest of 807 plans among South Carolina employers on file, and the 3,857th of 11,911 in health care & social assistance. In 2023, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 91 to 101 since 2022.

Plan summary
Net assets, end of year$18,799,848
Participants with balances116
Active participants101
Employer contributions$262,129
Employee contributions$551,780
Employer contribution per active participant$2,595
Average account balance$162,068
Benefits paid to participants$1,019,544
Plan auditUnmodified (clean) audit opinion
AuditorJENNINGS COOK & CO., CPAS, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 128 accts · $312K emplr
2023$18.8M · 116 accts · $262K emplr
2022$16.1M · 90 accts · $255K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,784
Total administrative$19,784
The Jervey Eye Group, P.A. 401(k) match · 2023
Employer contribution per active participant$2,595
Median for plans this size$2,440
2024$2,759 per active participant
2023$2,595 per active participant
2022$2,801 per active participant

Jervey Eye Group, P.A.'s 2023 employer contribution ran above 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 · 20231
VANGUARD GROUP, INC. · Recordkeeping · Loan processing$19,534

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$21,761 · 0.12%
2023$19,784 · 0.11%
2022$18,983 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Columbia Eye Clinic, P.A. SC$24.3M · 0.04%
TRIBE513, PA SC$16.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570996196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.