Plan Ledger DOL Form 5500 · updated monthly

Vpa, P.C.401(k)

VISITING PHYSICIANS ASSOCIATION 401(K) PLAN · TROY, MI · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Vpa, P.C. reported $146,718 in plan administrative expenses for 2022: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $992 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 987th-largest of 2,619 plans among Michigan employers on file, and the 3,513th of 11,911 in health care & social assistance. In 2022, employees put in $5.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,374,432
Participants with balances912
Active participants543
Employer contributions$538,786
Employee contributions$2,712,671
Employer contribution per active participant$992
Average account balance$23,437
Benefits paid to participants$2,386,318
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $461K emplr
2022$21.4M · 912 accts · $539K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$146,718
Total administrative$146,718
The Vpa, P.C. 401(k) match · 2022
Employer contribution per active participant$992
Median for plans this size$2,266

Vpa, P.C.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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.

Administrative cost history2
2023Not separately reported
2022$146,718 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Nexcare Health Systems, LLC MI$22.8M · 0.57%
Marlette Regional Hospital MI$22.2M · 0.43%
Orthodontic Partners, LLC MI$22.0M · 0.26%
The Peplinski Group, Inc. MI$21.1M · 0.63%
Michigan Family Resources MI$20.9M · 0.41%
Svs Vision, Inc. MI$20.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383176990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.