Plan Ledger DOL Form 5500 · updated monthly

Thomas Eye Group P.C.401(k)

THOMAS EYE GROUP, P. C. 401(K) PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Thomas Eye Group P.C. reported $100,838 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,387 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 0.316%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 518th-largest of 2,160 plans among Georgia employers on file, and the 2,081st of 11,911 in health care & social assistance. In 2023, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,719,498
Participants with balances510
Active participants366
Employer contributions$1,605,693
Employee contributions$2,026,920
Employer contribution per active participant$4,387
Average account balance$85,725
Benefits paid to participants$3,402,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.1M · 559 accts · $1.6M emplr
2023$43.7M · 510 accts · $1.6M emplr
2022$37.7M · 505 accts · $1.5M emplr
The Thomas Eye Group P.C. 401(k) match · 2023
Employer contribution per active participant$4,387
Median for plans this size$2,440
2024$4,063 per active participant
2023$4,387 per active participant
2022$4,203 per active participant

Thomas Eye Group P.C.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$78,391
GREENSPRING ADVISORS · Consulting$30,750
POLLARD & ASSOCIATES, INC. · Consulting$11,503

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$137,199 · 0.32%
2023$100,838 · 0.25%
2022$125,907 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Orthoatlanta GA$46.5M · 0.25%
Optim Orthopedics, LLC GA$46.3M · 0.17%
D4C Dental Brands, Inc. GA$45.5M · 0.42%
Four Winds Health, LLC GA$42.6M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582209517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.