Plan Ledger DOL Form 5500 · updated monthly

Pulmonary Associates of Mobile, P.C401(k)

PULMONARY ASSOCIATES OF MOBILE, PC 401(K) PROFIT SHARING PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pulmonary Associates of Mobile, P.C reported $33,504 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,722 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 0.08% to 0.07%. 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 148th-largest of 902 plans among Alabama employers on file, and the 1,964th of 11,911 in health care & social assistance. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,220,025
Participants with balances163
Active participants118
Employer contributions$1,383,165
Employee contributions$933,844
Employer contribution per active participant$11,722
Average account balance$289,693
Benefits paid to participants$2,522,180
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER
Plan history3
Yearassets · accounts · employer contribution
2024$47.2M · 163 accts · $1.4M emplr
2023$42.7M · 161 accts · $1.4M emplr
2022$35.9M · 158 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,441
Trustee / custodial$13,063
Total administrative$33,504
The Pulmonary Associates of Mobile, P.C 401(k) match · 2024
Employer contribution per active participant$11,722
Median for plans this size$2,416
2024$11,722 per active participant
2023$11,567 per active participant
2022$12,266 per active participant

Pulmonary Associates of Mobile, 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
NEWPORT GROUP, INC. · Contract administrator · Plan administrator$20,440
NEWPORT TRUST COMPANY · Trustee · Trustee (discretionary)$13,063

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,504 · 0.07%
2023$34,368 · 0.09%
2022$31,723 · 0.08%
Similar plansHealth Care & Social Assistance · Alabama
The Orthopaedic Group, P.C. AL$47.7M · 0.03%
Encore Rehabilitation, Inc. AL$47.6M · 0.30%
S.B.J.S., P.C. AL$42.0M · 0.15%
Highfive Dental Holdco, LLC AL$40.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630799312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.