Plan Ledger DOL Form 5500 · updated monthly

Alliance Physical Therapy Group, LLC401(k)

ALLIANCE PHYSICAL THERAPY GROUP, LLC 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.36%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Alliance Physical Therapy Group, LLC reported $129,715 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $741 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.12% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 616th-largest of 2,619 plans among Michigan employers on file, and the 2,230th of 11,911 in health care & social assistance. In 2024, employees put in $4.37 for every $1.00 the employer contributed; active participation has grown from 960 to 1,195 since 2022.

Plan summary
Net assets, end of year$40,424,829
Participants with balances1,712
Active participants1,195
Employer contributions$885,411
Employee contributions$3,872,919
Employer contribution per active participant$741
Average account balance$23,613
Benefits paid to participants$2,872,833
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 1,712 accts · $885K emplr
2023$32.4M · 1,344 accts · $928K emplr
2022$25.3M · 1,283 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,465
Investment management$46,250
Total administrative$129,715
The Alliance Physical Therapy Group, LLC 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$2,416
2024$741 per active participant
2023$924 per active participant
2022$401 per active participant

Alliance Physical Therapy Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$83,465
NFP RETIREMENT INC · Investment advisory (plan)$40,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,250

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$129,715 · 0.36%
2023$116,543 · 0.40%
2022$32,922 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
The Guidance Center MI$37.7M · 0.08%
The Hurley Clinic MI$36.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383496350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.