Plan Ledger DOL Form 5500 · updated monthly

Physician's Endoscopy, LLC401(k)

THE 401(K) PLAN AND TRUST OF PHYSICIAN'S ENDOSCOPY, LLC · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Physician's Endoscopy, LLC reported $28,205 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,383 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 0.37% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 414th-largest of 1,918 plans among Minnesota employers on file, and the 1,552nd of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 851 to 1,371 since 2022.

Plan summary
Net assets, end of year$62,920,932
Participants with balances1,353
Active participants1,371
Employer contributions$3,266,846
Employee contributions$5,182,224
Employer contribution per active participant$2,383
Average account balance$46,505
Benefits paid to participants$8,453,140
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 1,353 accts · $3.3M emplr
2023$54.8M · 1,220 accts · $3.0M emplr
2022$44.1M · 1,051 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,271
Audit (IQPA)$5,934
Total administrative$28,205
The Physician's Endoscopy, LLC 401(k) match · 2024
Employer contribution per active participant$2,383
Median for plans this size$3,635
2024$2,383 per active participant
2023$2,039 per active participant
2022$3,039 per active participant

Physician's Endoscopy, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVST INTNL OPRTN CO. LLC · Loan processing$22,276
BAKER TILLY US, LLP · Accounting / audit$5,934

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$28,205 · 0.05%
2023$209,492 · 0.42%
2022$173,694 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Ebenezer Society MN$64.4M · 0.25%
Dungarvin Group, Inc. MN$56.4M · 0.50%
Minnesota Urology P.A. MN$54.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911882702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.