Plan Ledger DOL Form 5500 · updated monthly

The Surgical Clinic, PLLC401(k)

THE SURGICAL CLINIC 401(K) PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Surgical Clinic, PLLC reported $107,760 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $12,047 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 0.18%. 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 252nd-largest of 1,496 plans among Tennessee employers on file, and the 1,623rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.60 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$59,795,262
Participants with balances268
Active participants191
Employer contributions$2,301,044
Employee contributions$1,440,850
Employer contribution per active participant$12,047
Average account balance$223,117
Benefits paid to participants$9,806,394
Plan auditUnmodified (clean) audit opinion
AuditorSTONE, RUDOLPH & HENRY, PLC
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$59.8M · 268 accts · $2.3M emplr
2023$57.0M · 295 accts · $2.6M emplr
2022$51.2M · 278 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,780
Investment management$62,135
Trustee / custodial$15,001
Total administrative$107,760
The The Surgical Clinic, PLLC 401(k) match · 2024
Employer contribution per active participant$12,047
Median for plans this size$3,635
2024$12,047 per active participant
2023$13,380 per active participant
2022$12,036 per active participant

The Surgical Clinic, PLLC'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
NWPS · Recordkeeping$28,780
JANNEY MONTGOMERY SCOTT, LLC · Investment advisory (participants) · Investment advisory (plan)$62,135
MATRIX TRUST COMPANY · Custodial (securities) · Trustee$15,001

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025NWPS
2024NWPS
2023NWPS

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Administrative cost history4
2025Not separately reported
2024$107,760 · 0.18%
2023$106,904 · 0.20%
2022$104,157 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Premier Medical Group, P.C. TN$60.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621699673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.