Plan Ledger DOL Form 5500 · updated monthly

Virginia Cancer Specialists, P.C.Profit-sharing plan

VIRGINIA CANCER SPECIALISTS, P.C. PROFIT SHARING PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Virginia Cancer Specialists, P.C. reported $54,484 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $9,958 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 0.32% to 0.44%. 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 Virginia (1,222nd of 2,266), and the 4,599th of 11,911 in health care & social assistance. active participation has grown from 284 to 340 since 2022.

Plan summary
Net assets, end of year$14,429,320
Participants with balances418
Active participants340
Employer contributions$3,385,793
Employee contributions—
Employer contribution per active participant$9,958
Average account balance$34,520
Benefits paid to participants$469,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 418 accts · $3.4M emplr
2023$10.5M · 352 accts · $2.9M emplr
2022$6.7M · 288 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,484
Total administrative$54,484
Employer contributions to the Virginia Cancer Specialists, P.C. plan · 2024
Employer contribution per active participant$9,958
Median for plans this size$2,416
2024$9,958 per active participant
2023$9,126 per active participant
2022$9,159 per active participant

Virginia Cancer Specialists, P.C.'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 · 20243
ASCENSUS LLC · Contract administrator$37,046
MERRILL LYNCH RETIREMENT & BENEFIT · Pension consulting · Investment advisory (plan)$18,593
MAXUS PLAN SOLUTIONS INC. · Plan administrator$1,325

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$54,484 · 0.44%
2023$26,422 · 0.31%
2022$18,452 · 0.32%
Similar plansHealth Care & Social Assistance · Virginia
Neighborhood Health VA$14.3M · 0.52%
Asca Foundation VA$13.6M · 0.77%
Retirement Unlimited, Inc. VA$13.3M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541795091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.