Allergy Partners, PLLC 401(k) Review & Grade
Allergy Partners Management LLC Retirement Savings Plan
Skyland, NCHealth Care & Social Assistance1,140 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,368Employer $ per active participant
$4,450Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$136.5MNet plan assets, end of year
$127,567Average balance per account
Score breakdown
- Employer generosity29.3 / 5059th percentile for employer $ per participant
- Low cost16.5 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving11.0 / 1573th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score67 / 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 | 59th |
| Lower admin cost | 66th |
| Employee saving | 73th |
| 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
- Allergy Partners, PLLC put in about $1,368 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 | $1,559,156 |
| Participant (employee) contributions | $5,071,260 |
| Other contributions (incl. rollovers in) | $3,923,633 |
| Administrative expenses paid from the plan | $174,862 |
| Contract administrator fees | $108,055 |
| Investment advisory & management fees | $53,123 |
| Other admin expenses | $13,684 |
| Benefits paid out | $9,643,773 |
| Net assets, start / end of year | $119.8M / $136.5M |
| Active participants, start / end of year | 988 / 1,291 |
| Participants with account balances | 1,070 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $107,965 reported compensation |
| Mma Securities LLC | $27,825 reported compensation |
| Onedigital Investments | $17,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260427150603NAL0008723985001, received 2026-04-27, EIN 56-1249571, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.