Plan Ledger DOL Form 5500 · updated monthly

Raleigh Pediatric Associates, P.A.401(k)

RALEIGH PEDIATRIC ASSOCIATES, P.A. RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Raleigh Pediatric Associates, P.A. reported $70,669 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $7,661 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 0.342%. 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 699th-largest of 2,005 plans among North Carolina employers on file, and the 3,499th of 11,911 in health care & social assistance. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,487,150
Participants with balances123
Active participants91
Employer contributions$697,139
Employee contributions$528,765
Employer contribution per active participant$7,661
Average account balance$174,692
Benefits paid to participants$2,118,488
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 123 accts · $697K emplr
2023$19.8M · 128 accts · $737K emplr
2022$16.2M · 117 accts · $701K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,073
Investment management$44,105
Trustee / custodial$5,491
Total administrative$70,669
The Raleigh Pediatric Associates, P.A. 401(k) match · 2024
Employer contribution per active participant$7,661
Median for plans this size$2,416
2024$7,661 per active participant
2023$7,595 per active participant
2022$7,700 per active participant

Raleigh Pediatric Associates, P.A.'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 · 20243
MVP PLAN ADMINISTRATORS, INC · Contract administrator · Recordkeeping$21,073
IRONGATE PARTNERS, INC. · Investment advisory (participants) · Investment advisory (plan)$44,105
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Loan processing$5,491

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

Recordkeeper by year2
2024MVP PLAN ADMINISTRATORS, INC
2023MVP PLAN ADMINISTRATORS, INC

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

Administrative cost history3
2024$70,669 · 0.34%
2023$62,154 · 0.34%
2022$61,037 · 0.34%
Similar plansHealth Care & Social Assistance · North Carolina
Murphy Medical Center, Inc. NC$24.7M · 0.07%
Avance Health Systems, Inc. NC$22.4M · 0.67%
Genova Diagnostics NC$22.3M · 0.56%
Givens Estates, Inc. NC$21.2M · 0.18%
Ipas, Inc. NC$21.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562132604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.