Plan Ledger DOL Form 5500 · updated monthly

Ob-Gyn Associates of Erie, P.C.401(k)

OB-GYN ASSOCIATES OF ERIE 401(K) PROFIT SHARING PLAN · ERIE, PA · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Ob-Gyn Associates of Erie, P.C. reported $89,427 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,654 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 0.52% to 0.57%. 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 1,504th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,586th of 11,911 in health care & social assistance. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,796,385
Participants with balances185
Active participants141
Employer contributions$374,249
Employee contributions$795,130
Employer contribution per active participant$2,654
Average account balance$112,413
Benefits paid to participants$1,205,350
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 248 accts · $424K emplr
2023$20.8M · 185 accts · $374K emplr
2022$18.4M · 211 accts · $341K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,071
Investment management$33,356
Total administrative$89,427
The Ob-Gyn Associates of Erie, P.C. 401(k) match · 2023
Employer contribution per active participant$2,654
Median for plans this size$2,440
2024$2,618 per active participant
2023$2,654 per active participant
2022$2,645 per active participant

Ob-Gyn Associates of Erie, P.C.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
SCHAFFNER, KNIGHT, MINNAUGH & CO · Accounting / audit$10,000
DUNBAR, BENDER & ZAPF, INC. · Contract administrator · Accounting / audit$9,112
HOUSTON HARBAUGH · Legal$122

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$109,763 · 0.57%
2023$89,427 · 0.46%
2022$101,168 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Pennswood Village PA$20.8M · 0.19%
Garden Spot Village PA$20.7M · 0.50%
Verland PA$20.2M · 0.46%
Premier Therapy LLC PA$20.2M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251653555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.