Medical Associates of Northwest Arkansas, P.A. 401(k) Review & Grade
Medical Associates of Northwest Arkansas, P.A. 401(k) Plan
Fayetteville, ARHealth Care & Social Assistance739 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,626Employer $ per active participant
$5,135Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$178.2MNet plan assets, end of year
$196,442Average balance per account
Score breakdown
- Employer generosity47.9 / 5096th percentile for employer $ per participant
- Low cost19.7 / 2579th percentile for low admin cost vs. same-size plans
- Employee saving12.0 / 1580th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score90 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 79th |
| Employee saving | 80th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Medical Associates of Northwest Arkansas, P.A. put in about $7,626 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,635,546 |
| Participant (employee) contributions | $3,794,422 |
| Other contributions (incl. rollovers in) | $917,539 |
| Administrative expenses paid from the plan | $137,725 |
| Investment advisory & management fees | $62,740 |
| Benefits paid out | $9,460,054 |
| Net assets, start / end of year | $159.8M / $178.2M |
| Active participants, start / end of year | 615 / 863 |
| Participants with account balances | 907 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Rubinbrown |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $74,985 reported compensation |
| Prime Capital Investment Advisors | $62,740 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013074355NAL0000920689001, received 2025-10-13, EIN 62-1692966, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.