Plan Ledger DOL Form 5500 · updated monthly

Better Healthcare Ot/Pt, PLLC401(k)

BETTER HEALTHCARE OT/PT, PLLC 401(K) RETIREMENT PLAN · MAHOPAC, NY · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Better Healthcare Ot/Pt, PLLC reported $8,897 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $6 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,701st of 5,648), and 8,646th of 11,911 in health care & social assistance. In 2022, employees put in $442.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,859,324
Participants with balances86
Active participants59
Employer contributions$376
Employee contributions$166,368
Employer contribution per active participant$6
Average account balance$44,876
Benefits paid to participants$68,683
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,897
Total administrative$8,897
The Better Healthcare Ot/Pt, PLLC 401(k) match · 2022
Employer contribution per active participant$6
Median for plans this size$1,114

Better Healthcare Ot/Pt, PLLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,897 · 0.22%
Similar plansHealth Care & Social Assistance · New York
Zhang Medical P.C. NY$3.8M · 0.89%
Fsnr Snf LLC NY$3.7M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043779848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.