Plan Ledger DOL Form 5500 · updated monthly

Medquest Associates, LLC401(k)

MEDQUEST ASSOCIATES, LLC 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Medquest Associates, LLC reported $101,686 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,389 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 0.40% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 964th-largest of 2,160 plans among Georgia employers on file, and the 4,177th of 11,911 in health care & social assistance. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,699,969
Participants with balances1,054
Active participants1,120
Employer contributions$2,675,858
Employee contributions$3,756,944
Employer contribution per active participant$2,389
Average account balance$15,844
Benefits paid to participants$1,389,192
Plan auditUnmodified (clean) audit opinion
AuditorMCNAMARA & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$16.7M · 1,054 accts · $2.7M emplr
2023$7.5M · 553 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,830
Investment management$13,856
Total administrative$101,686
The Medquest Associates, LLC 401(k) match · 2024
Employer contribution per active participant$2,389
Median for plans this size$2,416
2024$2,389 per active participant
2023$2,915 per active participant

Medquest Associates, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$78,249
TOWERS WATSON INVESTMENT SERVICES I · Investment advisory (plan)$9,646

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

Administrative cost history2
2024$101,686 · 0.84%
2023$30,144 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Primrose Holdings LLC GA$16.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570997427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.