Plan Ledger DOL Form 5500 · updated monthly

Southern Urology, LLC401(k)

SOUTHERN UROLOGY, LLC 401(K) PLAN AND TRUST · LAFAYETTE, LA · plan year 2021

Reported admin expense ratio · 2021
0.50%

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

Southern Urology, LLC reported $97,638 in plan administrative expenses for 2021: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,924 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 has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 245th-largest of 884 plans among Louisiana employers on file, and the 3,618th of 11,911 in health care & social assistance. In 2021, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,562,605
Participants with balances126
Active participants105
Employer contributions$622,041
Employee contributions$499,290
Employer contribution per active participant$5,924
Average account balance$163,195
Benefits paid to participants$1,390,721
Plan auditUnmodified (clean) audit opinion
AuditorDARNELL, SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2023$0
2022$14.3M · 102 accts · $290K emplr
2021$20.6M · 126 accts · $622K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$75,106
Investment management$22,532
Total administrative$97,638
The Southern Urology, LLC 401(k) match · 2021
Employer contribution per active participant$5,924
Median for plans this size$2,122
2022$2,634 per active participant
2021$5,924 per active participant

Southern Urology, LLC's 2021 employer contribution ran above the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023Not separately reported
2022$85,196 · 0.49%
2021$97,638 · 0.50%
Similar plansHealth Care & Social Assistance · Louisiana
Eye Medical Center LA$22.1M · 0.02%
Commcare Corporation LA$20.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262522952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.