Plan Ledger DOL Form 5500 · updated monthly

The Longstreet Clinic, P.C.401(k)

THE LONGSTREET CLINIC, P. C. 401(K) PLAN AND TRUST · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Longstreet Clinic, P.C. reported $191,424 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,313 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 0.15% to 0.14%. 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 222nd-largest of 2,160 plans among Georgia employers on file, and the 817th of 11,911 in health care & social assistance. In 2024, the employer put in $1.61 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$143,036,689
Participants with balances866
Active participants610
Employer contributions$5,070,922
Employee contributions$3,149,024
Employer contribution per active participant$8,313
Average account balance$165,169
Benefits paid to participants$15,998,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$143.0M · 866 accts · $5.1M emplr
2023$132.1M · 738 accts · $4.7M emplr
2022$119.0M · 793 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,374
Investment management$5,000
Total administrative$191,424
The The Longstreet Clinic, P.C. 401(k) match · 2024
Employer contribution per active participant$8,313
Median for plans this size$3,635
2024$8,313 per active participant
2023$7,724 per active participant
2022$7,804 per active participant

The Longstreet Clinic, P.C.'s 2024 employer contribution ran above the $3,635 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 · 20243
THE ANGELL PENSION GROUP, INC.$5,000
RAYMOND JAMES FINANCIAL SERVICES ADindirect comp

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$191,424 · 0.14%
2023$204,492 · 0.16%
2022$193,693 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Scp Eye Care Services, LLC GA$185.3M · 0.13%
Au Medical Center, Inc. GA$148.2M · 0.09%
Houston Healthcare GA$124.0M · 0.11%
Care, Inc. GA$115.5M · 0.08%
Usop, LLC GA$102.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582117020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.