Plan Ledger DOL Form 5500 · updated monthly

University of Virginia Physicians Group401(k)

UVA PHYSICIANS GROUP RETIREMENT PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

University of Virginia Physicians Group reported $174,038 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,709 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 rose from 0.12% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 205th-largest of 2,266 plans among Virginia employers on file, and the 832nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$139,364,445
Participants with balances2,413
Active participants1,415
Employer contributions$5,247,891
Employee contributions$4,463,526
Employer contribution per active participant$3,709
Average account balance$57,756
Benefits paid to participants$8,859,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$139.4M · 2,413 accts · $5.2M emplr
2023$122.6M · 2,295 accts · $5.1M emplr
2022$100.1M · 2,255 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,038
Total administrative$174,038
The University of Virginia Physicians Group 401(k) match · 2024
Employer contribution per active participant$3,709
Median for plans this size$3,635
2024$3,709 per active participant
2023$3,517 per active participant
2022$3,364 per active participant

University of Virginia Physicians Group's 2024 employer contribution ran above the $3,635 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
TIAA · Contract administrator · Recordkeeping$174,038

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

Recordkeeper by year2
2024TIAA
2023TIAA

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Administrative cost history3
2024$174,038 · 0.13%
2023$142,389 · 0.13%
2022$130,830 · 0.12%
All plans at this employer2
UVA PHYSICIANS GROUP VOLUNTARY TAX-DEFERRED SAVINGS PLAN403(b)
UVA PHYSICIANS GROUP RETIREMENT PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Mhm Services, Inc. VA$188.9M · 0.11%
Augusta Health Care VA$149.3M · 0.10%
Servicesource, Inc. VA$124.5M · 0.18%
Acuity International, LLC VA$117.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541124769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.