Plan Ledger DOL Form 5500 · updated monthly

Peak Gastroenterology, Inc., a Professional Corporation401(k)

GASTROCARE PARTNERS 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Peak Gastroenterology, Inc., a Professional Corporation reported $68,432 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,748 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (798th of 1,461), and the 5,796th of 11,911 in health care & social assistance. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,715,282
Participants with balances195
Active participants108
Employer contributions$404,798
Employee contributions$764,894
Employer contribution per active participant$3,748
Average account balance$49,822
Benefits paid to participants$2,520,510
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$68,432
Total administrative$68,432
The Peak Gastroenterology, Inc., a Professional Corporation 401(k) match · 2022
Employer contribution per active participant$3,748
Median for plans this size$1,114

Peak Gastroenterology, Inc., a Professional Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$68,432 · 0.93%
Similar plansHealth Care & Social Assistance · Colorado
Colorado West Inc. CO$11.0M · 0.41%
Family Care Center, PLLC CO$10.4M · 0.83%
Cedar Point Health LLC CO$9.4M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841357778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.