Plan Ledger DOL Form 5500 · updated monthly

Valley Ear Nose & Throat Specialist P.A.401(k)

VALLEY EAR, NOSE & THROAT SPECIALISTS, P.A. 401(K) PLAN · MCALLEN, TX · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Valley Ear Nose & Throat Specialist P.A. reported $2,310 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,560 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. 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 (3,812th of 5,688), and 7,334th of 11,911 in health care & social assistance. In 2022, the employer put in $1.82 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,020,557
Participants with balances144
Active participants70
Employer contributions$319,208
Employee contributions$175,407
Employer contribution per active participant$4,560
Average account balance$41,809
Benefits paid to participants$3,755,530
Plan auditDisclaimer of opinion
AuditorSQUIRE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 29 accts · $87K emplr
2023$5.5M · 144 accts · $85K emplr
2022$6.0M · 144 accts · $319K emplr
Administrative expenses, itemized · 2022
Professional / advisory$2,310
Total administrative$2,310
The Valley Ear Nose & Throat Specialist P.A. 401(k) match · 2022
Employer contribution per active participant$4,560
Median for plans this size$1,114
2024$2,559 per active participant
2023$1,212 per active participant
2022$4,560 per active participant

Valley Ear Nose & Throat Specialist P.A.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024NATIONAL BENEFIT SERVICES, LLC
2023Empower, NATIONAL BENEFIT SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Valley Ear Nose & Throat Specialist P.A. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$2,160 · 0.04%
2022$2,310 · 0.03%
Similar plansHealth Care & Social Assistance · Texas
Clarewood House, Inc. TX$6.0M · 0.05%
Dimmit Regional Hospital TX$6.0M · 0.50%
Capitol Pain Institute TX$5.9M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742139209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.