Plan Ledger DOL Form 5500 · updated monthly

Unc Physicians Network Group Practices, LLC401(k)

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

Reported admin expense ratio · 2024
0.08%

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

Unc Physicians Network Group Practices, LLC reported $11,667 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,653 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 0.08%. 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 840th-largest of 2,005 plans among North Carolina employers on file, and the 4,285th of 11,911 in health care & social assistance. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 135 to 171 since 2022.

Plan summary
Net assets, end of year$16,122,675
Participants with balances193
Active participants171
Employer contributions$795,669
Employee contributions$1,141,234
Employer contribution per active participant$4,653
Average account balance$83,537
Benefits paid to participants$1,051,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 193 accts · $796K emplr
2023$13.4M · 245 accts · $746K emplr
2022$10.7M · 244 accts · $612K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,667
Total administrative$11,667
The Unc Physicians Network Group Practices, LLC 401(k) match · 2024
Employer contribution per active participant$4,653
Median for plans this size$2,416
2024$4,653 per active participant
2023$5,328 per active participant
2022$4,532 per active participant

Unc Physicians Network Group Practices, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,667

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$11,667 · 0.08%
2023$10,416 · 0.09%
2022$18,450 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Rowan Diagnostic Clinic, PA NC$16.2M · 0.53%
Goshen Medical Center, Inc. NC$16.2M · 0.32%
Carolina Meadows, Inc. NC$16.0M · 0.13%
Well Care Health, LLC NC$15.7M · 0.54%
Carolina Caring, Inc. NC$15.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461416986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.