Employers › Surgery Partners › plan 001
Recordkeeping fees per participant · Surgery Partners 401(k) Plan · plan year 2023
$58.63
Higher than 68% of the 1,454 plans $250M to 1B that report it.
= $269,744 / 4,601
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241009150009NAL0010752131001, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009150009NAL0010752131001, received 2024-10-09
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-09.
Administrative expenses excluding investment management, per participant
$66.78
Higher than 55% of the 2,115 plans $250M to 1B that report it.
= $307,244 / 4,601
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241009150009NAL0010752131001, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009150009NAL0010752131001, received 2024-10-09
Administrative expenses per participant
$101.17
Higher than 64% of the 2,177 plans $250M to 1B that report it.
= $465,499 / 4,601
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009150009NAL0010752131001, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009150009NAL0010752131001, received 2024-10-09
Administrative expenses as a share of assets
0.148%
Higher than 84% of the 2,180 plans $250M to 1B that report it.
= $465,499 / $314,879,973
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009150009NAL0010752131001, received 2024-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241009150009NAL0010752131001, received 2024-10-09
Employer contributions per participant
$655
Higher than 5% of the 2,253 plans $250M to 1B that report it.
= $3,012,435 / 4,601
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009150009NAL0010752131001, received 2024-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009150009NAL0010752131001, received 2024-10-09
Employer share of total contributions
13.2%
Higher than 5% of the 2,256 plans $250M to 1B that report it.
= $3,012,435 / $22,758,525
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009150009NAL0010752131001, received 2024-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241009150009NAL0010752131001, received 2024-10-09
3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241009150009NAL0010752131001, received 2024-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SURGERY PARTNERS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Plan name | SURGERY PARTNERS 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Sponsor EIN / plan number | 47-3620923 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Sponsor location | BRENTWOOD, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Filing received | 2024-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Participants, beginning of year | 5,824 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Active participants | 4,583 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Participants, end of year | 6,878 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Participants with an account balance | 4,601 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total assets, beginning of year | $150,789,601 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total assets, end of year | $314,879,973 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Net assets, end of year | $314,879,973 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total income | $48,726,843 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Net income | $23,033,847 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Employer contributions | $3,012,435 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Participant contributions | $14,112,402 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Other contributions (incl. rollovers) | $5,633,688 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total contributions | $22,758,525 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Benefit payments | $25,025,595 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total expenses (incl. benefit payments) | $25,692,996 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Total administrative expenses | $465,499 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Recordkeeping fees | $269,744 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| IQPA audit fees | $37,500 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Investment advisory and management fees | $158,255 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Administrative expenses excluding investment management | $307,244 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Held in common/collective trusts | $197,640,024 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Held in mutual funds | $107,135,272 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241009150009NAL0010752131001, received 2024-10-09 |
| Independent auditor | LBMC, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241009150009NAL0010752131001, received 2024-10-09 |
Position = column in the DOL layout for form year 2023. Filing 20241009150009NAL0010752131001, received 2024-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $269,744 | yes |
| GALLAGHER FIDUCIARY ADVISORS LLC | ADVISOR | 27 Investment advisory (plan) | $80,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $78,255 | no |
| LBMC, PC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $37,500 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20241009150009NAL0010752131001, received 2024-10-09.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.