Plan Ledger DOL Form 5500 · updated monthly

Virginia Ear, Nose & Throat Asso401(k)

VIRGINIA EAR, NOSE & THROAT ASSOCIATES, P.C. 401(K) PROFIT S · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Virginia Ear, Nose & Throat Asso reported $92,215 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $6,796 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 fell from 0.36% to 0.32%. 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 684th-largest of 2,266 plans among Virginia employers on file, and the 2,569th of 11,911 in health care & social assistance. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,141,330
Participants with balances156
Active participants118
Employer contributions$801,890
Employee contributions$635,755
Employer contribution per active participant$6,796
Average account balance$212,444
Benefits paid to participants$3,419,454
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS HARDY JOHNSTONE PC
Plan history2
Yearassets · accounts · employer contribution
2024$33.1M · 156 accts · $802K emplr
2023$24.3M · 117 accts · $794K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,215
Total administrative$92,215
The Virginia Ear, Nose & Throat Asso 401(k) match · 2024
Employer contribution per active participant$6,796
Median for plans this size$2,416
2024$6,796 per active participant
2023$6,673 per active participant

Virginia Ear, Nose & Throat Asso'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
ADP, INC. · Loan processing · Recordkeeping$4,057

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$92,215 · 0.32%
2023$81,147 · 0.36%
Similar plansHealth Care & Social Assistance · Virginia
Blumont, Inc. VA$35.2M · 0.10%
The Anderson Clinic, LLC VA$30.9M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541052755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.