Plan Ledger DOL Form 5500 · updated monthly

Physicians East PA401(k)

PHYSICIANS EAST PA PROFIT SHARING PLAN & TRUST · GREENVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Physicians East PA reported $41,510 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,182 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 0.042% to 0.038%. 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 178th-largest of 2,005 plans among North Carolina employers on file, and the 994th of 11,911 in health care & social assistance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 483 to 735 since 2022.

Plan summary
Net assets, end of year$114,034,397
Participants with balances699
Active participants735
Employer contributions$3,808,785
Employee contributions$2,486,386
Employer contribution per active participant$5,182
Average account balance$163,139
Benefits paid to participants$14,735,545
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN SHEARIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$114.0M · 699 accts · $3.8M emplr
2023$106.5M · 781 accts · $3.9M emplr
2022$88.5M · 770 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,295
Investment management$27,215
Total administrative$41,510
The Physicians East PA 401(k) match · 2024
Employer contribution per active participant$5,182
Median for plans this size$3,635
2024$5,182 per active participant
2023$7,734 per active participant
2022$7,781 per active participant

Physicians East PA's 2024 employer contribution ran above 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 · 20244
CAP FINANCIAL PARTNERS LLC · Investment advisory (plan)$18,669
STRATEGIC ADVISORS INC · Investment advisory (plan)$8,546

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$41,510 · 0.04%
2023$49,011 · 0.05%
2022$42,583 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Allergy Partners, PLLC NC$136.5M · 0.14%
Eastern Radiologists, Inc. NC$132.5M · 0.10%
Blue Ridge Healthcare System NC$113.3M · 0.20%
Boice-Willis Clinic, P.A. NC$97.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561968491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.