Plan Ledger DOL Form 5500 · updated monthly

Medical & Surgical Clinc of Irving, PA401(k)

MEDICAL & SURGICAL CLINIC OF IRVING PROFIT SHARING PLAN & TRUST · IRVING, TX · plan year 2023

Reported admin expense ratio · 2023
2.59%

Medical & Surgical Clinc of Irving, PA reported $162,632 in plan administrative expenses for 2023: 2.59% of average plan assets, higher than ~90% of peers. 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 2.27% to 2.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,723rd of 5,688), and 7,140th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,420,884
Participants with balances97
Active participants9
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$66,195
Benefits paid to participants$231,848
Plan auditUnmodified (clean) audit opinion
AuditorHUELTON MORGAN & MAULTSBY
Plan history2
Yearassets · accounts · employer contribution
2023$6.4M · 97 accts
2022$6.2M · 139 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$145,965
Audit (IQPA)$16,525
Total administrative$162,632
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 · 20232
LEVERAGE RETIREMENT, INC.$140,665
HUSELTON MORGAN & MAULTSBY · Accounting / audit$21,825

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$162,632 · 2.59%
2022$164,543 · 2.27%
Similar plansHealth Care & Social Assistance · Texas
Carrus Healthcare TX$6.4M · 1.65%
Timely Telehealth LLC TX$6.4M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751365258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.