Plan Ledger DOL Form 5500 · updated monthly

Retina Consultants of Alabama, P.C.401(k)

RETINA CONSULTANTS OF ALABAMA, P.C. PROFIT SHARING PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Retina Consultants of Alabama, P.C. reported $34,447 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $7,140 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (480th of 902), and the 5,919th of 11,911 in health care & social assistance. In 2024, the employer put in $2.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,361,552
Participants with balances122
Active participants70
Employer contributions$499,796
Employee contributions$244,667
Employer contribution per active participant$7,140
Average account balance$76,734
Benefits paid to participants$293,223
Plan auditUnmodified (clean) audit opinion
AuditorPEARCE, BEVILL, LEESBURG, MOORE, PC
Administrative expenses, itemized · 2024
Investment management$34,447
Total administrative$34,447
The Retina Consultants of Alabama, P.C. 401(k) match · 2024
Employer contribution per active participant$7,140
Median for plans this size$1,313

Retina Consultants of Alabama, P.C.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history1
2024$34,447 · 0.40%
Similar plansHealth Care & Social Assistance · Alabama
Baptist Ventures Inc. AL$10.4M · 0.10%
Oral Arts Laboratory, Inc. AL$10.0M · 0.49%
Northstar Ems, Inc. AL$6.7M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631120285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.