Plan Ledger DOL Form 5500 · updated monthly

Texas Institute for Surgery, LLP401(k)

TEXAS INSTITUTE FOR SURGERY, LLP 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Texas Institute for Surgery, LLP reported $46,759 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,672 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 fell from 0.68% to 0.35%. 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 2,573rd-largest of 5,688 plans among Texas employers on file, and the 4,746th of 11,911 in health care & social assistance. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 170 to 208 since 2022.

Plan summary
Net assets, end of year$13,746,942
Participants with balances202
Active participants208
Employer contributions$555,794
Employee contributions$756,612
Employer contribution per active participant$2,672
Average account balance$68,054
Benefits paid to participants$2,333,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 202 accts · $556K emplr
2023$13.2M · 185 accts · $402K emplr
2022$11.8M · 174 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,156
Investment management$23,909
Trustee / custodial$11,694
Total administrative$46,759
The Texas Institute for Surgery, LLP 401(k) match · 2024
Employer contribution per active participant$2,672
Median for plans this size$2,416
2024$2,672 per active participant
2023$2,172 per active participant
2022$2,346 per active participant

Texas Institute for Surgery, LLP's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20247
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$14,841
RETIREMENTPLANS.COM, LLC · Contract administrator$11,156
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,511
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$7,948
EMPOWER ADVISORY GROUP, LLC · Investment management$1,120
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$51

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$46,759 · 0.35%
2023$54,401 · 0.44%
2022$87,107 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Regence Health Network TX$13.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770628004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.