Plan Ledger DOL Form 5500 · updated monthly

Texas Neurology, P. A.401(k)

TEXAS NEUROLOGY, P.A. 401(K) PROFIT SHARING PLAN AND TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Texas Neurology, P. A. reported $13,476 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,657 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 0.46% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (2,963rd of 5,688), and the 5,502nd of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,721,848
Participants with balances143
Active participants104
Employer contributions$484,374
Employee contributions$576,842
Employer contribution per active participant$4,657
Average account balance$74,978
Benefits paid to participants$368,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 143 accts · $484K emplr
2023$8.5M · 139 accts · $203K emplr
2022$7.1M · 136 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,996
Investment management$1,480
Total administrative$13,476
The Texas Neurology, P. A. 401(k) match · 2024
Employer contribution per active participant$4,657
Median for plans this size$1,313
2024$4,657 per active participant
2023$2,161 per active participant
2022$1,149 per active participant

Texas Neurology, P. A.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,466

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$13,476 · 0.14%
2023$10,650 · 0.14%
2022$36,202 · 0.46%
Similar plansHealth Care & Social Assistance · Texas
The Gladney Center TX$10.8M · 0.02%
Columbus Community Hospital TX$10.6M · 0.46%
Dynamic Access LLC TX$10.5M · 0.27%
Excelin Home Health, LLC TX$10.5M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752654757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.