Plan Ledger DOL Form 5500 · updated monthly

Loudon Medical Group, P.C.401(k)

LOUDOUN MEDICAL GROUP RETIREMENT PLAN · LEESBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Loudon Medical Group, P.C. reported $318,168 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,100 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 0.21% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 159th-largest of 2,266 plans among Virginia employers on file, and the 643rd of 11,911 in health care & social assistance. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$199,647,809
Participants with balances1,839
Active participants1,451
Employer contributions$5,948,945
Employee contributions$8,954,943
Employer contribution per active participant$4,100
Average account balance$108,563
Benefits paid to participants$9,536,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$199.6M · 1,839 accts · $5.9M emplr
2023$169.6M · 1,859 accts · $6.2M emplr
2022$136.9M · 1,714 accts · $6.6M emplr
The Loudon Medical Group, P.C. 401(k) match · 2024
Employer contribution per active participant$4,100
Median for plans this size$3,635
2024$4,100 per active participant
2023$4,246 per active participant
2022$4,889 per active participant

Loudon Medical Group, P.C.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$219,280
KESTRA ADVISORY SERVICES LLC · Consulting$70,000
CHERRY BEKAERT LLP · Actuarial$21,262
BAKER TILLY US LLP · Accounting / audit$18,375

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$318,168 · 0.17%
2023$326,697 · 0.21%
2022$310,980 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Orthovirginia, Inc. VA$273.9M · 0.07%
Uva Community Health VA$218.7M · 0.15%
Capital Vision Services, LLC VA$194.2M · 0.24%
Mhm Services, Inc. VA$188.9M · 0.11%
Augusta Health Care VA$149.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541988843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.