Plan Ledger DOL Form 5500 · updated monthly

Neurological Associates of Tucson, P.C.401(k)

NEUROLOGICAL ASSOCIATES OF TUCSON RETIREMENT PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Neurological Associates of Tucson, P.C. reported $66,144 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $10,607 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 0.32% 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 300th-largest of 1,285 plans among Arizona employers on file, and the 2,990th of 11,911 in health care & social assistance. In 2024, the employer put in $2.90 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,016,784
Participants with balances146
Active participants120
Employer contributions$1,272,845
Employee contributions$438,801
Employer contribution per active participant$10,607
Average account balance$185,046
Benefits paid to participants$1,893,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 146 accts · $1.3M emplr
2023$20.9M · 154 accts · $1.1M emplr
2022$24.6M · 150 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,417
Investment management$36,912
Audit (IQPA)$10,815
Total administrative$66,144
The Neurological Associates of Tucson, P.C. 401(k) match · 2024
Employer contribution per active participant$10,607
Median for plans this size$2,416
2024$10,607 per active participant
2023$9,830 per active participant
2022$12,281 per active participant

Neurological Associates of Tucson, 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan) · Investment management$36,912
METZ & ASSOCIATES, PLLC · Accounting / audit$10,750
PINNACLE PLAN DESIGN, LLC · Contract administrator$9,590

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$66,144 · 0.28%
2023$62,437 · 0.27%
2022$89,530 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Valley Ent, P.C. AZ$29.5M · 0.22%
Terros, Inc. AZ$25.8M · 0.67%
Donor Network of Arizona AZ$25.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860187416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.