Plan Ledger DOL Form 5500 · updated monthly

Southeastern Retina Associates, PC401(k)

SOUTHEASTERN RETINA ASSOCIATES, PC PROFIT SHARING 401K PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Southeastern Retina Associates, PC reported $36,460 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,817 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 2 years on file its reported administrative ratio rose from 0.09% to 0.10%. 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 349th-largest of 1,496 plans among Tennessee employers on file, and the 2,358th of 11,911 in health care & social assistance. In 2024, the employer put in $1.92 for every $1.00 employees contributed themselves; active participation has grown from 197 to 241 since 2022.

Plan summary
Net assets, end of year$37,343,449
Participants with balances385
Active participants241
Employer contributions$1,642,957
Employee contributions$854,234
Employer contribution per active participant$6,817
Average account balance$96,996
Benefits paid to participants$3,312,785
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 385 accts · $1.6M emplr
2023$33.9M · 307 accts · $1.5M emplr
2022$32.8M · 274 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,460
Total administrative$36,460
The Southeastern Retina Associates, PC 401(k) match · 2024
Employer contribution per active participant$6,817
Median for plans this size$2,416
2024$6,817 per active participant
2023$6,666 per active participant
2022$7,930 per active participant

Southeastern Retina Associates, PC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$36,460
ACUFF & ASSOCIATES, INC. · Other servicesindirect comp

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

Administrative cost history3
2024$36,460 · 0.10%
2023$33,987 · 0.10%
2022$32,927 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Nephrology Associates, P.C. TN$37.7M · 0.01%
Watauga Orthopaedics, PLC TN$35.9M · 0.20%
Upperline Health, Inc. TN$35.7M · 0.10%
Urgent Care Group, LLC TN$35.1M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621094813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.