Plan Ledger DOL Form 5500 · updated monthly

Memphis Obstetrics & Gynecological Assoc. P.C.401(k)

MEMPHIS OBSTETRICS & GYNECOLOGICAL ASSOC P.C. 401(K) PLAN · BARTLETT, TN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Memphis Obstetrics & Gynecological Assoc. P.C. reported $104,187 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,743 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 0.31% to 0.28%. 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 343rd-largest of 1,496 plans among Tennessee employers on file, and the 2,303rd of 11,911 in health care & social assistance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,599,925
Participants with balances235
Active participants181
Employer contributions$858,401
Employee contributions$887,351
Employer contribution per active participant$4,743
Average account balance$164,255
Benefits paid to participants$3,495,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 235 accts · $858K emplr
2023$36.7M · 251 accts · $799K emplr
2022$32.1M · 244 accts · $741K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,187
Total administrative$104,187
The Memphis Obstetrics & Gynecological Assoc. P.C. 401(k) match · 2024
Employer contribution per active participant$4,743
Median for plans this size$2,416
2024$4,743 per active participant
2023$4,297 per active participant
2022$4,027 per active participant

Memphis Obstetrics & Gynecological Assoc. P.C.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants) · Investment advisory (plan)$48,090
WATKINS UIBERALL, PLLC · Accounting / audit$7,500

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

Administrative cost history3
2024$104,187 · 0.28%
2023$97,620 · 0.28%
2022$103,323 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Scri Holdings, LLC TN$44.5M · 0.20%
Fahc, Inc. TN$39.0M
Nephrology Associates, P.C. TN$37.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621226101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.