Plan Ledger DOL Form 5500 · updated monthly

Long Island Anesthesia Physicians, LLP401(k)

LONG ISLAND ANESTHESIA PHYSICIANS, LLP 401-K PLAN · ROCKY POINT, NY · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Long Island Anesthesia Physicians, LLP reported $116,701 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $19,754 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 1 year on file its reported administrative ratio rose from 0.43% to 0.46%. 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 2,140th-largest of 5,648 plans among New York employers on file, and the 3,067th of 11,911 in health care & social assistance. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,139,966
Participants with balances112
Active participants50
Employer contributions$987,700
Employee contributions$1,097,311
Employer contribution per active participant$19,754
Average account balance$233,393
Benefits paid to participants$4,490,278
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH LLP
Plan history2
Yearassets · accounts · employer contribution
2023$26.1M · 112 accts · $988K emplr
2022$24.5M · 116 accts · $1.6M emplr
The Long Island Anesthesia Physicians, LLP 401(k) match · 2023
Employer contribution per active participant$19,754
Median for plans this size$2,440
2023$19,754 per active participant
2022$23,251 per active participant

Long Island Anesthesia Physicians, 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
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Pension consulting$114,219
ADP, INC. · Recordkeeping · Loan processing$30,816
INTEGRATED PENSION DESIGN, INC. · Recordkeeping · Pension consulting$28,775

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

Administrative cost history2
2023$116,701 · 0.46%
2022$109,900 · 0.43%
Similar plansHealth Care & Social Assistance · New York
Jewish Senior Life NY$26.2M · 0.43%
Highland Medical PC NY$26.1M · 0.17%
Vital Strategies, Inc. NY$26.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113293480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.