Plan Ledger DOL Form 5500 · updated monthly

Unc Physicians Group Practices II, LLC401(k)

UNC PHYSICIANS GROUP PRACTICES II, LLC 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Unc Physicians Group Practices II, LLC reported $11,870 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,476 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 0.16% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 986th-largest of 2,005 plans among North Carolina employers on file, and the 5,018th of 11,911 in health care & social assistance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,502,603
Participants with balances212
Active participants165
Employer contributions$573,575
Employee contributions$993,598
Employer contribution per active participant$3,476
Average account balance$58,975
Benefits paid to participants$1,412,994
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 212 accts · $574K emplr
2023$10.9M · 224 accts · $538K emplr
2022$9.0M · 195 accts · $840K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,870
Total administrative$11,870
The Unc Physicians Group Practices II, LLC 401(k) match · 2024
Employer contribution per active participant$3,476
Median for plans this size$2,416
2024$3,476 per active participant
2023$2,701 per active participant
2022$5,151 per active participant

Unc Physicians Group Practices II, LLC's 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,870

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$11,870 · 0.10%
2023$11,041 · 0.11%
2022$9,038 · 0.16%
Similar plansHealth Care & Social Assistance · North Carolina
Southminster, Inc. NC$13.3M · 0.69%
Rural Health Group, Inc. NC$13.1M · 0.86%
Sandhills Pediatrics, Inc. NC$12.4M · 0.01%
Methodist Home for Children NC$12.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852823886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.