Plan Ledger DOL Form 5500 · updated monthly

Providence Anesthesiology Associates P.A.401(k)

PROVIDENCE ANESTHESIOLOGY ASSOCIATES, P.A. PROFIT SHARING 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Providence Anesthesiology Associates P.A. reported $77,400 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $21,034 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 0.05% to 0.06%. 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 169th-largest of 2,005 plans among North Carolina employers on file, and the 911th of 11,911 in health care & social assistance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has grown from 186 to 267 since 2022.

Plan summary
Net assets, end of year$124,347,155
Participants with balances334
Active participants267
Employer contributions$5,616,069
Employee contributions$4,127,466
Employer contribution per active participant$21,034
Average account balance$372,297
Benefits paid to participants$28,142,193
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.3M · 334 accts · $5.6M emplr
2023$121.1M · 280 accts · $5.0M emplr
2022$102.5M · 241 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,125
Investment management$76,275
Total administrative$77,400
The Providence Anesthesiology Associates P.A. 401(k) match · 2024
Employer contribution per active participant$21,034
Median for plans this size$3,635
2024$21,034 per active participant
2023$22,525 per active participant
2022$22,627 per active participant

Providence Anesthesiology Associates P.A.'s 2024 employer contribution ran above the $3,635 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 · 20244
FISHER INVESTMENTS · Investment advisory (participants)$30,080
LARSON FINANCIAL GROUP LLC · Investment advisory (participants)$23,811
ASPIRIANT LLC · Investment advisory (participants)$17,684
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,153

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$77,400 · 0.06%
2023$47,327 · 0.04%
2022$48,621 · 0.05%
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%
Physicians East PA NC$114.0M · 0.04%
Blue Ridge Healthcare System NC$113.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561748928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.