Plan Ledger DOL Form 5500 · updated monthly

Retina Consultants, PLLC401(k)

RETINA CONSULTANTS PROFIT SHARING 401(K) PLAN · CHARLESTON, WV · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Retina Consultants, PLLC reported $7,883 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,698 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 78th-largest of 265 plans among West Virginia employers on file, and the 3,686th of 11,911 in health care & social assistance. In 2023, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has grown from 69 to 80 since 2022.

Plan summary
Net assets, end of year$20,099,658
Participants with balances110
Active participants80
Employer contributions$455,814
Employee contributions$335,710
Employer contribution per active participant$5,698
Average account balance$182,724
Benefits paid to participants$325,568
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $28K emplr
2023$20.1M · 110 accts · $456K emplr
2022$16.9M · 135 accts · $437K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,883
Total administrative$7,883
The Retina Consultants, PLLC 401(k) match · 2023
Employer contribution per active participant$5,698
Median for plans this size$2,440
2023$5,698 per active participant
2022$6,340 per active participant

Retina Consultants, PLLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$7,883 · 0.04%
2022$5,040 · 0.03%
Similar plansHealth Care & Social Assistance · West Virginia
Davis Memorial Hospital WV$34.3M · 0.35%
Pleasant Valley Hospital WV$19.6M · 0.32%
Kanawha Hospice Care, Inc. WV$19.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550703678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.