Plan Ledger DOL Form 5500 · updated monthly

Ap Therapy LLC401(k)

AP THERAPY LLC 401K PROFIT SHARING PLAN · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
1.25%

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

Ap Therapy LLC reported $67,406 in plan administrative expenses for 2024: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $190 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 rose from 0.65% to 1.25%. 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 (1,789th of 2,419), and 7,168th of 11,911 in health care & social assistance. In 2024, employees put in $4.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,369,662
Participants with balances1,547
Active participants1,727
Employer contributions$327,966
Employee contributions$1,558,191
Employer contribution per active participant$190
Average account balance$4,117
Benefits paid to participants$809,913
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 1,547 accts · $328K emplr
2023$4.4M · 822 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,406
Total administrative$67,406
The Ap Therapy LLC 401(k) match · 2024
Employer contribution per active participant$190
Median for plans this size$1,313
2024$190 per active participant
2023$215 per active participant

Ap Therapy LLC's 2024 employer contribution ran below the $1,313 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 · 20244
RAYMOND JAMES · Investment advisory (plan)$24,818
TRINITY PENSION CONSULTANT · Contract administrator$10,173
EMPOWER ADVISORY GROUP, LLC · Investment management$606

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

Administrative cost history2
2024$67,406 · 1.25%
2023$28,957 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Champions Oncology NJ$6.5M · 0.91%
Thompson Chiropractic NJ$6.5M · 0.10%
Ladacin Network, Inc. NJ$6.2M · 0.87%
Harrogate Incorporated NJ$6.2M · 0.32%
Homefront, Inc. NJ$5.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883978140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.