Plan Ledger DOL Form 5500 · updated monthly

Neurological Surgery, P.C.401(k)

NEUROLOGICAL SURGERY, P.C. RETIREMENT TRUST · ROCKVILLE CENTRE, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Neurological Surgery, P.C. reported $90,388 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $12,307 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 0.30% to 0.35%. 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 2,094th-largest of 5,648 plans among New York employers on file, and the 2,985th of 11,911 in health care & social assistance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has shrunk from 93 to 74 since 2022.

Plan summary
Net assets, end of year$27,072,934
Participants with balances146
Active participants74
Employer contributions$910,723
Employee contributions$694,555
Employer contribution per active participant$12,307
Average account balance$185,431
Benefits paid to participants$2,841,460
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 146 accts · $911K emplr
2023$24.2M · 134 accts · $359K emplr
2022$22.6M · 138 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,439
Investment management$78,949
Total administrative$90,388
The Neurological Surgery, P.C. 401(k) match · 2024
Employer contribution per active participant$12,307
Median for plans this size$2,416
2024$12,307 per active participant
2023$4,847 per active participant
2022$4,415 per active participant

Neurological Surgery, 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$10,144
AXA ADVISORS, LLC · Investment advisory (plan)$61,547
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$15,462

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$90,388 · 0.35%
2023$69,867 · 0.30%
2022$74,388 · 0.30%
Similar plansHealth Care & Social Assistance · New York
Cityblock Health, Inc NY$27.5M · 0.46%
Sight Medical Doctors PLLC NY$27.3M · 0.04%
Odyssey House, Inc. NY$27.0M · 0.17%
Unity House of Troy, Inc. NY$26.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112370723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.