Plan Ledger DOL Form 5500 · updated monthly

Tom Sowash O.D. & Associates, P.C.401(k)

SOWASH PRACTICES 401(K) PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Tom Sowash O.D. & Associates, P.C. reported $9,761 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $435 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,268th of 5,688), and 6,172nd of 11,911 in health care & social assistance. In 2022, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,682,374
Participants with balances150
Active participants293
Employer contributions$127,447
Employee contributions$655,668
Employer contribution per active participant$435
Average account balance$57,882
Benefits paid to participants$494,593
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$8.7M · 150 accts · $127K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,713
Total administrative$9,761
The Tom Sowash O.D. & Associates, P.C. 401(k) match · 2022
Employer contribution per active participant$435
Median for plans this size$1,114

Tom Sowash O.D. & Associates, P.C.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$9,761 · 0.11%
Similar plansHealth Care & Social Assistance · Texas
Ocusoft, Inc TX$8.5M · 0.61%
Manor Park, Inc. TX$8.4M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201048092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.