Plan Ledger DOL Form 5500 · updated monthly

Neurosurgical Associates, LTD401(k)

NEUROSURGICAL ASSOCIATES, LTD. PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Neurosurgical Associates, LTD reported $76,091 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,055 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 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 161st-largest of 1,285 plans among Arizona employers on file, and the 1,561st of 11,911 in health care & social assistance. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 172 to 269 since 2022.

Plan summary
Net assets, end of year$62,477,480
Participants with balances342
Active participants269
Employer contributions$2,166,712
Employee contributions$1,583,458
Employer contribution per active participant$8,055
Average account balance$182,683
Benefits paid to participants$2,345,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.5M · 342 accts · $2.2M emplr
2023$46.0M · 266 accts · $2.0M emplr
2022$37.5M · 236 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$33,679
Trustee / custodial$42,412
Total administrative$76,091
The Neurosurgical Associates, LTD 401(k) match · 2024
Employer contribution per active participant$8,055
Median for plans this size$3,635
2024$8,055 per active participant
2023$8,651 per active participant
2022$10,936 per active participant

Neurosurgical Associates, LTD's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$43,145
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$29,061
CHARLES SCHWAB & CO., INC. · Securities brokerage$358

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$76,091 · 0.14%
2023$61,735 · 0.15%
2022$63,371 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Creative Testing Solutions AZ$83.1M · 0.16%
Ironwood Physicians AZ$62.9M · 0.09%
Simonmed Imaging, Inc. AZ$50.1M · 1.36%
Mountain Park Health Center AZ$46.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860453788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.