Plan Ledger DOL Form 5500 · updated monthly

Atlantic Physical Therapy Center401(k)

ATLANTIC PHYSICAL THERAPY CENTER 401(K) PROFIT SHARING PLAN · SEA GIRT, NJ · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Atlantic Physical Therapy Center reported $67,345 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,370 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 0.15% to 0.80%. 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 (1,558th of 2,419), and the 5,899th of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 138 to 237 since 2022.

Plan summary
Net assets, end of year$9,409,284
Participants with balances185
Active participants237
Employer contributions$324,683
Employee contributions$711,577
Employer contribution per active participant$1,370
Average account balance$50,861
Benefits paid to participants$58,568
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 185 accts · $325K emplr
2023$7.5M · 174 accts · $271K emplr
2022$5.9M · 109 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,345
Total administrative$67,345
The Atlantic Physical Therapy Center 401(k) match · 2024
Employer contribution per active participant$1,370
Median for plans this size$1,313
2024$1,370 per active participant
2023$1,335 per active participant
2022$1,800 per active participant

Atlantic Physical Therapy Center's 2024 employer contribution ran above 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$20,432
RED BANK PENSION SERVICES, INC. · Recordkeeping · Loan processing$1,900
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$36,374

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

Recordkeeper by year2
2024RED BANK PENSION SERVICES, INC., Transamerica
2023RED BANK PENSION SERVICES, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,345 · 0.80%
2023$22,524 · 0.34%
2022$9,193 · 0.15%
Similar plansHealth Care & Social Assistance · New Jersey
Scarc, Inc NJ$9.7M · 0.59%
Carewell Health NJ$9.4M · 2.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223827496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.