Plan Ledger DOL Form 5500 · updated monthly

Pulmonary Associates of Richmond, Inc.401(k)

PULMONARY ASSOCIATES OF RICHMOND, INC. PROFIT SHARING PLAN · RICHMOND, VA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Pulmonary Associates of Richmond, Inc. reported $60,452 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,610 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 450th-largest of 2,266 plans among Virginia employers on file, and the 1,725th of 11,911 in health care & social assistance. In 2023, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$55,265,239
Participants with balances300
Active participants232
Employer contributions$1,533,459
Employee contributions$1,325,844
Employer contribution per active participant$6,610
Average account balance$184,217
Benefits paid to participants$5,614,386
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 314 accts · $1.7M emplr
2023$55.3M · 300 accts · $1.5M emplr
2022$50.3M · 284 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,501
Total administrative$60,452
The Pulmonary Associates of Richmond, Inc. 401(k) match · 2023
Employer contribution per active participant$6,610
Median for plans this size$3,659
2024$6,810 per active participant
2023$6,610 per active participant
2022$7,359 per active participant

Pulmonary Associates of Richmond, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$60,401
SIGNATURE INVESTMENT ADVISORS · Investment advisory (participants)$142,911
THE COLONY GROUP LLC · Investment advisory (participants)$19,734
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)$14,215
CHARLES SCHWAB & CO., INC · Securities brokerage$12,146

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$61,613 · 0.12%
2023$60,452 · 0.11%
2022$66,051 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Virginia Physicians, Inc. VA$66.0M · 0.22%
Trusted Doctors LLC VA$62.5M · 0.14%
Care Hospice, Inc. VA$52.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540965764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.