Plan Ledger DOL Form 5500 · updated monthly

University Surgical Associates, LLC401(k)

UNIVERSITY SURGICAL ASSOCIATES, LLC 401-K PROFIT SHARING PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

University Surgical Associates, LLC reported $31,798 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,735 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 0.33% to 0.28%. 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 among the smaller plans on file in Tennessee (767th of 1,496), and the 5,132nd of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has shrunk from 169 to 151 since 2022.

Plan summary
Net assets, end of year$12,091,637
Participants with balances241
Active participants151
Employer contributions$563,961
Employee contributions$673,579
Employer contribution per active participant$3,735
Average account balance$50,173
Benefits paid to participants$837,058
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 241 accts · $564K emplr
2023$10.5M · 315 accts · $579K emplr
2022$9.5M · 327 accts · $556K emplr
The University Surgical Associates, LLC 401(k) match · 2024
Employer contribution per active participant$3,735
Median for plans this size$2,416
2024$3,735 per active participant
2023$3,550 per active participant
2022$3,288 per active participant

University Surgical Associates, 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.

Administrative cost history3
2024$31,798 · 0.28%
2023$42,936 · 0.43%
2022$32,583 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Java Medical Center, LLC TN$13.5M · 0.47%
Tend Dental, Inc. TN$12.4M · 0.31%
Signal Centers TN$12.4M · 0.72%
Alive Hospice, Inc. TN$11.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621658774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.