Plan Ledger DOL Form 5500 · updated monthly

Angelic Practice Management LLC401(k)

ANGELIC HEALTH 401(K) PLAN · PLEASANTVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
5.04%

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

Angelic Practice Management LLC reported $101,464 in plan administrative expenses for 2024: 5.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $921 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 1.05% to 5.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,128th of 2,419), and 9,897th of 11,911 in health care & social assistance. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has shrunk from 209 to 176 since 2022.

Plan summary
Net assets, end of year$2,167,814
Participants with balances135
Active participants176
Employer contributions$162,113
Employee contributions$523,510
Employer contribution per active participant$921
Average account balance$16,058
Benefits paid to participants$598,434
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 135 accts · $162K emplr
2023$1.9M · 118 accts · $140K emplr
2022$1.4M · 111 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,673
Investment management$11,791
Audit (IQPA)$41,000
Total administrative$101,464
The Angelic Practice Management LLC 401(k) match · 2024
Employer contribution per active participant$921
Median for plans this size$1,313
2024$921 per active participant
2023$407 per active participant
2022$626 per active participant

Angelic Practice Management LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20245
LIMESTONE PENSION ASSOCIATES LLC · Recordkeeping · Loan processing$29,599
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$19,073
ISDANER & COMPANY CPAS · Accounting / audit$21,000
BELFINT LYONS SHUMAN CPA · Accounting / audit$20,000
LEVY WEALTH MANAGEMENT GROUP · Investment advisory (plan)$10,909

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

Recordkeeper by year2
2024LIMESTONE PENSION ASSOCIATES LLC, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Angelic Practice Management LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$101,464 · 5.04%
2023$14,300 · 0.89%
2022$13,379 · 1.05%
Similar plansHealth Care & Social Assistance · New Jersey
Bridgeway, Inc. NJ$2.3M · 1.05%
Imperial Healthcare NJ$2.2M · 2.16%
Care for U Plus LLC NJ$2.1M · 1.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825301108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.