Arizona Ob/gyn Affiliates P.C. 401(k) Review & Grade
Arizona Ob/gyn Affiliates PC 401(k) Retirement Plan
Phoenix, AZHealth Care & Social Assistance532 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,965Employer $ per active participant
$3,703Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$33.9MNet plan assets, end of year
$55,321Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost9.7 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 39th |
| Employee saving | 64th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($170,692 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Arizona Ob/gyn Affiliates put in about $2,965 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,575,632 |
| Participant (employee) contributions | $1,968,225 |
| Other contributions (incl. rollovers in) | $90,330 |
| Administrative expenses paid from the plan | $99,427 |
| Investment advisory & management fees | $29,386 |
| Other admin expenses | $2,750 |
| Benefits paid out | $2,628,302 |
| Net assets, start / end of year | $29.4M / $33.9M |
| Active participants, start / end of year | 466 / 597 |
| Participants with account balances | 613 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Redw LLC |
Largest service providers (Schedule C)
| Newport Group, Inc. | $67,291 reported compensation |
| Raymond James Financial | $29,386 reported compensation |
| Pension Planners, Inc. | $2,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014085137NAL0002444337001, received 2025-10-14, EIN 20-5198811, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.