Plan Ledger DOL Form 5500 · updated monthly

North Atlanta Primary Care401(k)

NORTH ATLANTA PRIMARY CARE 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

North Atlanta Primary Care reported $103,718 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,440 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 0.79% to 0.53%. 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 816th-largest of 2,160 plans among Georgia employers on file, and the 3,436th of 11,911 in health care & social assistance. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 565 to 786 since 2022.

Plan summary
Net assets, end of year$22,101,123
Participants with balances659
Active participants786
Employer contributions$1,131,979
Employee contributions$2,815,970
Employer contribution per active participant$1,440
Average account balance$33,537
Benefits paid to participants$1,509,702
Plan auditUnmodified (clean) audit opinion
AuditorCAR, RIGGS & INGRAM, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 659 accts · $1.1M emplr
2023$16.9M · 757 accts · $1.1M emplr
2022$11.2M · 809 accts · $673K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,718
Total administrative$103,718
The North Atlanta Primary Care 401(k) match · 2024
Employer contribution per active participant$1,440
Median for plans this size$2,416
2024$1,440 per active participant
2023$1,592 per active participant
2022$1,192 per active participant

North Atlanta Primary Care's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
FUTUREPLAN BY ASCENSUS · Contract administrator$33,448
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$17,684
EMPOWER ADVISORY GROUP, LLC · Investment management$4,510
MORGAN STANLEY SMITH BARNEY LLCindirect comp
ASCENSUS INC.indirect comp

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$103,718 · 0.53%
2023$108,570 · 0.77%
2022$92,588 · 0.79%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Rha Health Services, LLC GA$22.6M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581896468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.