Plan Ledger DOL Form 5500 · updated monthly

Southwest Spine and Pain Care Specialists, LLC401(k)

SOUTHWEST SPINE & PAIN, LLC 401(K) PLAN · SAINT GEORGE, UT · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

Southwest Spine and Pain Care Specialists, LLC reported $40,090 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $382 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 0.85% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (644th of 848), and 8,467th of 11,911 in health care & social assistance. In 2023, employees put in $5.49 for every $1.00 the employer contributed; active participation has grown from 129 to 182 since 2022.

Plan summary
Net assets, end of year$4,120,736
Participants with balances0
Active participants182
Employer contributions$69,550
Employee contributions$381,936
Employer contribution per active participant$382
Average account balance—
Benefits paid to participants$508,897
Plan auditUnmodified (clean) audit opinion
AuditorCOOK MARTIN POULSON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $154 emplr
2023$4.1M · $70K emplr
2022$3.7M · 156 accts · $110K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,743
Investment management$22,347
Total administrative$40,090
The Southwest Spine and Pain Care Specialists, LLC 401(k) match · 2023
Employer contribution per active participant$382
Median for plans this size$1,308
2023$382 per active participant
2022$851 per active participant

Southwest Spine and Pain Care Specialists, LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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.

Service providers · 20232
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$17,743
MOUNTAIN WEST ADVISORS · Investment management$22,347

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC
2023PROFESSIONAL CAPITAL SERVICES, LLC

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Administrative cost history3
2024Not separately reported
2023$40,090 · 1.03%
2022$32,723 · 0.85%
Similar plansHealth Care & Social Assistance · Utah
Aegis Management, LLC UT$4.6M · 1.17%
Cd Newco, LLC UT$4.6M · 0.65%
Aspiro Group Inc UT$3.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273995478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.