Atlanta Gastroenterology Associates 401(k) Review & Grade
United Digestive 401(k) Plan
Atlanta, GAHealth Care & Social Assistance1,420 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,083Employer $ per active participant
$4,000Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$91.3MNet plan assets, end of year
$91,813Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost23.9 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1569th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 96th |
| Employee saving | 69th |
| 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 ($931,101 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
- Atlanta Gastroenterology Associates put in about $2,083 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 | $2,957,339 |
| Participant (employee) contributions | $5,680,651 |
| Other contributions (incl. rollovers in) | $1,151,550 |
| Administrative expenses paid from the plan | $16,430 |
| Contract administrator fees | $16,430 |
| Benefits paid out | $5,258,277 |
| Net assets, start / end of year | $76.9M / $91.3M |
| Active participants, start / end of year | 1,358 / 1,482 |
| Participants with account balances | 994 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Smith & Howard, PC |
Largest service providers (Schedule C)
| Monterey Financial Partners Inc | $40,439 reported compensation |
| Ascensus Holdings Inc | $29,886 reported compensation |
| Frazier & Deeter LLC | $26,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250820162004NAL0005899392001, received 2025-08-20, EIN 58-2238919, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.