Plan Ledger DOL Form 5500 · updated monthly

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

OB-GYN ASSOCIATES, P.C. PROFIT SHARING PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ob-Gyn Associates, P.C. reported $55,910 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $9,544 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 0.19% to 0.18%. 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 270th-largest of 878 plans among Iowa employers on file, and the 2,555th of 11,911 in health care & social assistance. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,510,435
Participants with balances132
Active participants106
Employer contributions$1,011,678
Employee contributions$728,917
Employer contribution per active participant$9,544
Average account balance$253,867
Benefits paid to participants$1,922,690
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.5M · 132 accts · $1.0M emplr
2023$30.3M · 129 accts · $915K emplr
2022$28.5M · 124 accts · $905K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,075
Investment management$47,835
Total administrative$55,910
The Ob-Gyn Associates, P.C. 401(k) match · 2024
Employer contribution per active participant$9,544
Median for plans this size$2,416
2024$9,544 per active participant
2023$9,056 per active participant
2022$9,333 per active participant

Ob-Gyn Associates, P.C.'s 2024 employer contribution ran above the $2,416 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 · 20242
BASEPOINT WEALTH LLC · Investment advisory (plan)$47,835
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,075

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$55,910 · 0.18%
2023$55,361 · 0.19%
2022$59,786 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Childserve Inc IA$40.9M · 0.50%
Wesleylife IA$38.8M · 0.33%
Care Initiatives IA$33.8M · 0.22%
Medtec LLC IA$30.5M · 0.23%
Community Health Care, Inc IA$27.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421352693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.