Plan Ledger DOL Form 5500 · updated monthly

Texas Spine and Joint Hospital, LLC401(k)

TEXAS SPINE AND JOINT HOSPITAL 401(K) PROFIT SHARING PLAN · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Texas Spine and Joint Hospital, LLC reported $93,236 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,634 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 rose from 0.19% to 0.37%. 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 1,629th-largest of 5,688 plans among Texas employers on file, and the 2,933rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves; active participation has grown from 439 to 485 since 2022.

Plan summary
Net assets, end of year$27,736,936
Participants with balances474
Active participants485
Employer contributions$1,762,324
Employee contributions$1,266,553
Employer contribution per active participant$3,634
Average account balance$58,517
Benefits paid to participants$1,356,589
Plan auditUnmodified (clean) audit opinion
AuditorGOLLOB MORGAN PEDDY PC
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 474 accts · $1.8M emplr
2023$23.0M · 475 accts · $755K emplr
2022$19.5M · 438 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,236
Total administrative$93,236
The Texas Spine and Joint Hospital, LLC 401(k) match · 2024
Employer contribution per active participant$3,634
Median for plans this size$2,416
2024$3,634 per active participant
2023$1,652 per active participant
2022$2,413 per active participant

Texas Spine and Joint Hospital, LLC'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 · 20245
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$37,127
NOVA 401(K) ASSOCIATES · Contract administrator$18,352
ADMINISTRATIVE FIDUCIARY SERVCIES · Trustee (directed)$7,360
EMPOWER ADVISORY GROUP, LLC · Investment management$5,240

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$93,236 · 0.37%
2023$70,183 · 0.33%
2022$41,321 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Lone Star Circle of Care TX$29.4M · 0.81%
Depelchin Children's Center TX$27.6M · 0.00%
Action Behavior Centers TX$27.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752951355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.