What are the fees in the Oasis Medical & Surgical Wellnes 401(k) plan?

For plan year 2024, Oasis Medical & Surgical Wellnes reported $14,371 in plan administrative expenses, or 0.95% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Oasis Medical & Surgical Wellnes 401(k)?

The average participant account balance was $11,385 for plan year 2024, based on 171 accounts.

Oasis Medical & Surgical Wellnes401(k)

Name: Oasis Medical & Surgical Wellnes 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

OASIS MEDICAL & SURGICAL WELLNESS GROUP LLC - 401K · GLEN ROCK, NJ · plan year 2024

Reported admin expense ratio · 2024

0.95%

Oasis Medical & Surgical Wellnes reported $14,371 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,151st of 2,419), and 10,100th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,946,909
Participants with balances171
Active participants92
Employer contributions—
Employee contributions$305,606
Employer contribution per active participant—
Average account balance$11,385
Benefits paid to participants$171,278
Plan auditUnmodified (clean) audit opinion
AuditorPW PARTNERS, LLC

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$7,520

Investment management$6,851

Total administrative$14,371

What these fees cost you

Your balance

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 · 20242

ADP, INC. · Loan processing · Recordkeeping$7,789

ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Trustee$6,581

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

Administrative cost history1

2024$14,371 · 0.95%

Similar plansHealth Care & Social Assistance · New Jersey
Care for U Plus LLC NJ$2.1M · 1.57%
University Physician Associates of New Jersey, Inc. NJ$2.1M · 0.13%
Center for Hope Hospice Inc. NJ$2.0M · 0.37%
Nutrasourcerd LLC NJ$2.0M · 1.49%
Gem Rehab Pt Ot Slp PLLC NJ$1.9M · 0.14%
Ranch Hope, Inc. NJ$1.7M · 1.27%
Smile Central Dental P.C. NJ$1.6M · 0.37%
The Therapeutic Alternatives NJ$1.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463500730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.