Plan Ledger DOL Form 5500 · updated monthly

Thurmond Eye Associates, P.A.401(k)

THURMOND EYE ASSOCIATES 401(K) RETIREMENT PLAN · WESLACO, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Thurmond Eye Associates, P.A. reported $4,150 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,130 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 0.11% to 0.10%. 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 (4,165th of 5,688), and 8,130th of 11,911 in health care & social assistance. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,630,648
Participants with balances130
Active participants190
Employer contributions$214,688
Employee contributions$396,972
Employer contribution per active participant$1,130
Average account balance$35,620
Benefits paid to participants$208,032
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.6M · 130 accts · $215K emplr
2022$2.8M · 227 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,150
Total administrative$4,150
The Thurmond Eye Associates, P.A. 401(k) match · 2024
Employer contribution per active participant$1,130
Median for plans this size$1,313
2024$1,130 per active participant
2022$1,094 per active participant

Thurmond Eye Associates, P.A.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history2
2024$4,150 · 0.10%
2022$3,075 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Ctw Home Health, LLC TX$4.7M · 0.43%
Air Force Villages, Inc. TX$4.7M · 0.95%
Rise Corporate LLC TX$4.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741695861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.