Plan Ledger DOL Form 5500 · updated monthly

Spindletop Pain Management Company Inc.401(k)

SPINDLETOP PAIN MANAGEMENT COMPANY 401(K) PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Spindletop Pain Management Company Inc. reported $56,665 in plan administrative expenses for 2022: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,261 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 3 years on file its reported administrative ratio has held roughly steady near 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,689th of 5,688), and 7,049th of 11,911 in health care & social assistance. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,616,976
Participants with balances217
Active participants188
Employer contributions$425,140
Employee contributions$710,386
Employer contribution per active participant$2,261
Average account balance$30,493
Benefits paid to participants$260,023
Plan auditUnmodified (clean) audit opinion
AuditorADKF, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 117 accts · $315K emplr
2023$6.5M · 162 accts · $377K emplr
2022$6.6M · 217 accts · $425K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$56,665
Total administrative$56,665
The Spindletop Pain Management Company Inc. 401(k) match · 2022
Employer contribution per active participant$2,261
Median for plans this size$1,114
2024$2,046 per active participant
2023$2,658 per active participant
2022$2,261 per active participant

Spindletop Pain Management Company Inc.'s 2022 employer contribution ran above the $1,114 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 history3
2024$50,742 · 0.83%
2023$47,895 · 0.73%
2022$56,665 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Oci Holdings, LLC TX$6.7M · 0.99%
Guidehealth LLC TX$6.7M · 0.34%
El Paso Pain Center, P.A. TX$6.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825376512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.