Plan Ledger DOL Form 5500 · updated monthly

Winchester Cardiology & Vascular Medicine, P.C.401(k)

WINCHESTER CARDIOLOGY AND VASCULAR MEDICINE, P. C. 401(K) PROFIT SHARING PLAN · WINCHESTER, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Winchester Cardiology & Vascular Medicine, P.C. reported $110,666 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13,750 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 0.47% to 0.51%. 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 926th-largest of 2,266 plans among Virginia employers on file, and the 3,418th of 11,911 in health care & social assistance. In 2024, the employer put in $2.00 for every $1.00 employees contributed themselves; active participation has shrunk from 123 to 96 since 2022.

Plan summary
Net assets, end of year$22,221,261
Participants with balances214
Active participants96
Employer contributions$1,320,000
Employee contributions$661,211
Employer contribution per active participant$13,750
Average account balance$103,838
Benefits paid to participants$4,203,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 214 accts · $1.3M emplr
2023$21.4M · 203 accts · $722K emplr
2022$17.4M · 176 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,666
Total administrative$110,666
The Winchester Cardiology & Vascular Medicine, P.C. 401(k) match · 2024
Employer contribution per active participant$13,750
Median for plans this size$2,416
2024$13,750 per active participant
2023$6,065 per active participant
2022$4,878 per active participant

Winchester Cardiology & Vascular Medicine, 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 · 20245
FIDELITY BROKERAGE SERVICES, LLC · Recordkeeping · Investment advisory (participants)$26,914
RBC WEALTH MANAGEMENT · Recordkeeping · Investment advisory (participants)$9,594
LPL FINANCIAL LLC$57,345
THE BENEFIT PRACTICE · Contract administrator$4,737

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

Recordkeeper by year2
2024Fidelity, RBC WEALTH MANAGEMENT
2023BUTTONWOOD WEALTH, LLC, Fidelity, RBC WEALTH MANAGEMENT

This plan has changed recordkeepers within these filings. If you left Winchester Cardiology & Vascular Medicine, P.C. 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
2024$110,666 · 0.51%
2023$96,177 · 0.50%
2022$94,097 · 0.47%
Similar plansHealth Care & Social Assistance · Virginia
The Amyotrophic Lateral VA$24.3M · 0.07%
American Healthcare, LLC VA$20.6M · 0.89%
Somatus Inc. VA$19.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262446878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.