Plan Ledger DOL Form 5500 · updated monthly

Rockford Gastroenterology Associates, LTD.401(k)

ROCKFORD GASTROENTEROLOGY ASSOCIATES, LTD. 401(K) PROFIT SHARING PLAN · ROCKFORD, IL · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Rockford Gastroenterology Associates, LTD. reported $133,474 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $9,468 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 0.43% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,348th-largest of 3,702 plans among Illinois employers on file, and the 2,852nd of 11,911 in health care & social assistance. In 2022, the employer put in $1.64 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$28,948,451
Participants with balances141
Active participants98
Employer contributions$927,870
Employee contributions$566,189
Employer contribution per active participant$9,468
Average account balance$205,308
Benefits paid to participants$1,906,059
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$26.6M · 152 accts · $969K emplr
2022$28.9M · 141 accts · $928K emplr
Administrative expenses, itemized · 2022
Investment management$110,664
Professional / advisory$22,810
Total administrative$133,474
The Rockford Gastroenterology Associates, LTD. 401(k) match · 2022
Employer contribution per active participant$9,468
Median for plans this size$2,266
2023$9,139 per active participant
2022$9,468 per active participant

Rockford Gastroenterology Associates, LTD.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$171,490 · 0.62%
2022$133,474 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Heart & Vascular Partners IL$29.9M · 0.48%
Clearbrook IL$29.7M · 0.33%
Gailey Eye Clinic, LTD. IL$29.0M · 0.23%
Surgalign Technologies, Inc IL$27.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363081482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.