Plan Ledger DOL Form 5500 · updated monthly

Nashua Eye Associates, P.A.401(k)

NASHUA EYE ASSOCIATES PA 401(K) PROFIT SHARING PLAN AND TRUST · NASHUA, NH · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Nashua Eye Associates, P.A. reported $20,846 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,851 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 0.07% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Hampshire (210th of 411), and the 4,443rd of 11,911 in health care & social assistance. In 2023, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,233,097
Participants with balances117
Active participants101
Employer contributions$388,955
Employee contributions$406,551
Employer contribution per active participant$3,851
Average account balance$130,197
Benefits paid to participants$2,024,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 126 accts · $430K emplr
2023$15.2M · 117 accts · $389K emplr
2022$13.9M · 115 accts · $366K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,845
Investment management$1
Total administrative$20,846
The Nashua Eye Associates, P.A. 401(k) match · 2023
Employer contribution per active participant$3,851
Median for plans this size$2,440
2024$3,612 per active participant
2023$3,851 per active participant
2022$3,934 per active participant

Nashua Eye Associates, P.A.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$20,961

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$22,448 · 0.15%
2023$20,846 · 0.14%
2022$10,772 · 0.07%
Similar plansHealth Care & Social Assistance · New Hampshire
Home Health & Hospice Care NH$15.1M · 0.65%
Convenientmd LLC NH$13.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020427686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.