Summit Physician Specialists, P.C.401(k)

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

Summit Physician Specialists, P.C. reported $62,131 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $37,881 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 0.083%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 104th-largest of 848 plans among Utah employers on file, and the 1,266th of 11,911 in health care & social assistance. In 2024, the employer put in $5.33 for every $1.00 employees contributed themselves; active participation has grown from 93 to 122 since 2022.