Plan Ledger DOL Form 5500 · updated monthly

Medical Anesthesia Group, P.A.401(k)

MEDICAL ANESTHESIA GROUP, P.A. PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Medical Anesthesia Group, P.A. reported $532,997 in plan administrative expenses for 2023: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,543 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 0.42% to 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 141st-largest of 1,496 plans among Tennessee employers on file, and the 922nd of 11,911 in health care & social assistance. In 2023, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,072,248
Participants with balances173
Active participants115
Employer contributions$1,442,477
Employee contributions$1,969,845
Employer contribution per active participant$12,543
Average account balance$705,620
Benefits paid to participants$17,721,758
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$110.9M · 147 accts · $1.1M emplr
2023$122.1M · 173 accts · $1.4M emplr
2022$118.5M · 180 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,457
Investment management$511,540
Total administrative$532,997
The Medical Anesthesia Group, P.A. 401(k) match · 2023
Employer contribution per active participant$12,543
Median for plans this size$3,659
2024$15,272 per active participant
2023$12,543 per active participant
2022$22,201 per active participant

Medical Anesthesia Group, P.A.'s 2023 employer contribution ran above the $3,659 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
MERIDIAN TRUST & INVESTMENT COMPANY · Accounting / audit · Claims processing$503,689
EPIC ADVISORS, INC · Claims processing · Recordkeeping$21,457
RAYMOND JAMES & ASSOCIATES · Investment advisory (participants) · Investment management$7,773

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

Recordkeeper by year2
2024EPIC ADVISORS, INC, MERIDIAN TRUST & INVESTMENT COMPANY
2023EPIC ADVISORS, INC, MERIDIAN TRUST & INVESTMENT COMPANY

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

Administrative cost history3
2024$876,830 · 0.75%
2023$532,997 · 0.44%
2022$541,803 · 0.42%
Similar plansHealth Care & Social Assistance · Tennessee
U.S. Urology Partners, LLC TN$144.0M · 0.11%
Tivity Health, Inc. TN$128.5M · 0.10%
3LS Inc. TN$122.4M
Centerstone of America, Inc. TN$120.6M · 0.33%
Semmes-Murphey Clinic TN$118.3M · 0.15%
Associated Pathologists, LLC TN$117.0M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620815135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.