Plan Ledger DOL Form 5500 · updated monthly

American Physical Therapy Association401(k)

AMERICAN PHYSICAL THERAPY ASSOCIATION PROFIT SHARING AND 401(K) RETIREMENT PLAN · ALEXANDRIA, VA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

American Physical Therapy Association reported $15,320 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,262 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 1 year on file its reported administrative ratio fell from 0.04% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 331st-largest of 2,266 plans among Virginia employers on file, and the 238th of 3,341 in other services. In 2023, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$83,141,122
Participants with balances282
Active participants140
Employer contributions$1,296,637
Employee contributions$1,239,147
Employer contribution per active participant$9,262
Average account balance$294,827
Benefits paid to participants$7,067,887
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$83.1M · 282 accts · $1.3M emplr
2022$73.9M · 282 accts · $1.2M emplr
The American Physical Therapy Association 401(k) match · 2023
Employer contribution per active participant$9,262
Median for plans this size$3,659
2023$9,262 per active participant
2022$9,212 per active participant

American Physical Therapy Association's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$3,676
VANGUARD ADVISERS INC. · Investment advisory (participants)$11,714

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

Administrative cost history2
2023$15,320 · 0.02%
2022$31,729 · 0.04%
Same employer
Similar plansOther Services · Virginia
Volume Integration, LLC VA$78.0M · 0.01%
March of Dimes Inc. VA$76.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131512769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.