Plan Ledger DOL Form 5500 · updated monthly

Nevada Heart & Vascular Center, LLP401(k)

NEVADA HEART & VASCULAR CENTER, LLC 401(K) PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Nevada Heart & Vascular Center, LLP reported $21,217 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,272 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 0.14% to 0.13%. 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 the 101st-largest of 437 plans among Nevada employers on file, and the 2,970th of 11,911 in health care & social assistance. In 2023, the employer put in $2.10 for every $1.00 employees contributed themselves; active participation has shrunk from 143 to 124 since 2022.

Plan summary
Net assets, end of year$27,256,144
Participants with balances449
Active participants124
Employer contributions$1,149,733
Employee contributions$546,983
Employer contribution per active participant$9,272
Average account balance$60,704
Benefits paid to participants$751,520
Plan auditUnmodified (clean) audit opinion
AuditorHRP CPA'S & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 337 accts · $1.3M emplr
2023$27.3M · 449 accts · $1.1M emplr
2022$22.8M · 404 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,217
Total administrative$21,217
The Nevada Heart & Vascular Center, LLP 401(k) match · 2023
Employer contribution per active participant$9,272
Median for plans this size$2,440
2024$10,484 per active participant
2023$9,272 per active participant
2022$7,440 per active participant

Nevada Heart & Vascular Center, LLP's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JULY BUSINESS SERVICES LLC · Recordkeeping$12,657
MATRIX TRUST COMPANY · Custodial (securities) · Investment advisory (participants)$6,560

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$35,755 · 0.13%
2023$21,217 · 0.08%
2022$33,819 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Nevada
Ambitions, Inc NV$25.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200562668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.